Petroleum & Gas Exploration and Production.

From: Economic Review | Date: August 1, 2002 | Copyright information

The joint venture is obligate to carry out 200 line Kilometers of seismic survey and drilling of one exploration well during the Phase-I of the initial term of three years with a minimum expenditure obligation of over $5.1 million. OMV will be the Operator, for the joint venture.

OMV has been operating in Pakistan since 1990 and made two significant gas discoveries namely Miano and Sawan in Sukkur and Khairpur districts. Moreover, gas compressor station at Sui gas field has also been commissioned in top gear. Work on meeting the contractual delivery pressure to customers has ...

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