Page 6 - Quarterly Report - Interim Report for the three months ended September 30, 2024
P. 6

At Pindori Lease (operated by POL with a 35% share), 3D seismic data processing is in progress to
        evaluate the prospectivity of Chorgali formation and to evaluate the possibility to produce un-drained
        oil.
        At Tal block (operated by MOL where POL has pre commerciality share of 25%), Makori Deep-3 well
        has been approved and well site preparation is in progress.

        Adhi South - 9 (operated by Pakistan Petroleum Limited, where POL has 11% share) well has achieved
        the target depth, tested and produced 530 barrels of oil per day, 0.6 million cubic feet of gas per day at
        flowing  wellhead  pressure  of  175  psi  at  choke  size  of  56”. The  well  has  been  connected  to  the
        production line.

        At Ratana development and production Lease (operated by Orient Petroleum Inc., where POL has
        4.54% share), Ratana - 5A has been approved by the Joint Venture Partners.

        Exploration blocks
        At DG Khan block (operated by POL with a 70% share), gravity magnetic survey will  be carried out to
        evaluate remaining leads.
        North Dhurnal block (operated by POL with 60% share) 3D Seismic data acquisition work has been
        started to acquire 285.3 square kilometers.
        At Tal block (operated by MOL where POL has pre commerciality share of 25%), the three exploratory
        formations were tested in Razgir-1 with commingled production through various choke sizes. The well
        achieved the following flow rates:
               Condensate: 333 barrels per day
               Gas: 25.1 million cubic feet per day
               Water: 8 barrels per day

        These results were obtained at a wellhead flowing pressure of 3,372 psi, with the flow tested on a
        36/64” choke.
        Currently, preparations are underway to lay the pipeline necessary for connecting the well to the
        production facility.
        3D seismic data interpretation of Makori, Makori Deep, Billitang and Kot South has been completed
        while seismic interpretation on Kahi North, Sarozai, Sarozai Deep, Manzalai South and Manzalai Deep
        leads is in progress.
        At Hisal block (operated by PPL where POL has 25% share), 3D seismic acquisition of 235 square
        kilometers has been completed. Data processing to carry out the fracture identification study is in
        progress.

        At Gurgalot block (operated by OGDCL where POL has 20% share), 3D seismic data interpretation
        has been completed and subsurface location of Gurgalot X-1 has been finalized, well planning is in
        progress.
        At Taung block (operated by Mari Petroleum where POL has 40% share), 340.94 square kilometers 3D
        Seismic acquisition and interpretation has been completed for the identification of leads.



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