PAKISTAN OILFIELDS LIMITED
Ref: POL/FIN-CORP/PSX/25-26/004
The General Manager
Pakistan Stock Exchange Limited Stock Exchange Building
Stock Exchange Road Karachi.
August 18, 2025
Subject: JhalMaesi Development Protect -Successful Commissioning
Dear Sir,
Pakistan Oilfields Limited (POL) is pleased to inform about the successful completion and commissioning of the Jhal Magsi Development Project, located in District Jhal Magsi, Balochistan.
The project is currently delivering approximately 14 Million Standard Cubic Feet per Day (MMSCFD) of pipeline-quality gas, along with 45 Barrels Per Day (BPD) of condensate. This gas is being supplied to the Sui Southern Gas Company Limited (SSGCL) network, following the construction of a 98-kilometer gas transportation pipeline by SSGCL from the Jhal Magsi Field to its designated tie-in point.
Development activities began in February 2024, following the Government of Pakistan's approval of incentives for the project, including its conversion from the 1997 Petroleum Policy to the Marginal Field Gas Pricing Policy.
The Jhal Magsi Field comprises two wells and is a joint venture led by Oil and Gas Development Company Limited (OGDCL) as the operator with a 56% working interest, alongside Pakistan Oilfields Limited (POL) with 24%, and Government Holdings Private Limited (GHPL) with 20% working interest.
Yours Sincerely,
For Pakistan Oilfields Limited
af s
•
Company Secretary
CC: for information
Director Enforcement & Monitoring Depaytment • Director / HOD
Securities & Exchange Commission of Pakistan Surve,illance, Supervision and Enforcement Department 7" Floor, NIC Building, Jinnah Avenue, Securities & Exchange Commission of Pakistan,
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