Mari Petroleum Company Limited Reports Earnings Results for the Full Year Ended June 30, 2023

Mari Petroleum Company Limited (MPCL) is an integrated exploration and production company. The Company’s principal business activities include oil and gas exploration, drilling, field development, production, and sale of hydrocarbons, including natural gas, crude oil, condensate, and liquefied petroleum gas (LPG), as well as provision of exploration and production (E&P) related services on a commercial basis. Its segments include Exploration and Production; Mari Seismic Unit (MSU), and Mari Drilling Unit (MDU). The Company is engaged in managing and operating Pakistan's gas reservoir at Mari Field, District Ghotki, Sindh. It also provides two-dimensional (2D)/three-dimensional (3D) seismic data acquisition, seismic data processing, drilling and mud logging services. The Company holds approximately seven development and production (D&P) leases and over 17 exploration licenses as an operator. The Company also has working interest in Zarghun South D&P and Nareli Block.