Islamabad, The Oil and Gas Development Company Limited (OGDCL), as the operator of the Kohat Exploration License in Khyber Pakhtunkhwa, has made a significant discovery of gas and condensate at the Togh-02 (Slant) exploratory segment in the Lumshiwal-II Formation. This discovery, achieved in collaboration between OGDCL holding a 75% stake and M/s Saif Energy Limited (SEL) with a 25% stake, marks a notable extension in the hydrocarbon play area within the region.

According to Oil and Gas Development Company Limited, the well was spudded on August 28, 2023, and reached its total depth of 2,600 meters measured depth (MD) successfully. The discovery was confirmed through the interpretation of wireline logs, followed by a Cased Hole Drill Stem Test (CHDST-01) in the Lumshiwal-II Formation. The test results were promising, with the well flowing at a rate of 2.842 million standard cubic feet per day (MMSCFD) of gas and 28 barrels per day of condensate (BPDC), under a wellhead flowing pressure of 540 pounds per square inch (PSI) using a 32/64" choke size.

This gas and condensate discovery is particularly significant as it not only adds to the hydrocarbon reserves in the Togh Structure but also opens up new opportunities for exploration and development in the area. The successful discovery is in line with OGDCL’s continued efforts to explore and develop new hydrocarbon reserves in the country, contributing to the energy sector's growth and stability. The information regarding this discovery has been disclosed in compliance with the Securities Act, 2015, and PSX Regulations, aiming to inform stakeholders and the public about the new potential in the Kohat Block.