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    Jura Energy Finds Gas in Guddu Block in Pakistan

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Summary

Jura Energy has announced a commercial gas discovery at the Maru East-1 exploration well in the Guddu block in the Indus basin in Pakistan.

by: shardul

Posted in:

Asia/Oceania

Jura Energy Finds Gas in Guddu Block in Pakistan

Jura Energy has announced a commercial gas discovery at the Maru East-1 exploration well in the Guddu block in the Indus basin in Pakistan.  

The Maru East-1 flowed gas at a rate of 3 MMcf/d.

The well is located approx. 1.5 Km from existing Guddu pipeline infrastructure. According to Jura, anticipated future production from the Maru East-1 discovery is expected to be entitled to a gas price of $6 per MMBtu under Pakistan's Petroleum (Exploration & Production) Policy, 2012.

Jura holds a 10.66% working interest in the Guddu block, which is operated by Oil and Gas Development Company Limited.

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