Mari Petroleum Company Limited

21 Mauve Area, 3rd Road, G-10/4,Islamabad-44000, Pakistan.

UAN: +92-51-111-410-410 Fax: +92-51-2352859 P.O. Box NO.1614

M peL

www.mpcl.com.pk

The Managing Director

Pakistan Stock Exchange Limited

Stock Exchange Road

Karachi

Subject: Disclosure of MateriallPrice Sensitive Information

Dear Sir,

In accordance with Section 96 of the Securities Act, 2015 and Clause Regulations, we hereby convey the following information:

NTN: 1414673-8

GST No. 07-01-2710-039-73

MPCL-CA-24-3968

July 01, 2024

5.6.1 (a) of the PSX

Successful Drilling of Another Appraisal Well in Ghazij Formation (Ghazij Discovery) in the Mari Development and Production Lease (D&PL), Sindh

MPCL has successfully drilled and tested the fourth appraisal well in Ghazij formation (Ghazij Discovery) in the Mari D&PL. This well is a part of the appraisal program for the Ghazij discovery, which was disclosed vide our letter No. MPCLlCS/CA-02/3386, dated January 25, 2023.

The well was spudded in on April 21, 2024, and drilled down to a depth of 1 ,006 meters. The post- acid gas flow rate from the well was 5.0 million standard cubic feet per day (MMSCFD) with a wellhead flowing pressure (WHFP) of 363 pounds per square inch (psi) at 128/64-inch choke size.

The well shall be put on production 111 due course after completion of requisite regulatory formalities.

MPCL is the Operator ofMari D&PL with 100% working interest.

You may please inform the Members of the Exchange accordingly.

Best regards,

I

Muhjad

Acting Company Secretary

Cc:

Director (Enforcement)

Securities and Exchange Commission of Pakistan

NlC Building, Jinnah Avenue, Blue Area, Islamabad

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Mari Petroleum Company Limited published this content on 01 July 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 01 July 2024 10:36:15 UTC.