On 25 March 2019, it was announced that Tullow Pakistan (Developments) Ltd had assigned its entire 30% working interest in the OGDCL-operated Kohlu 2968-3Â EL (Sulaiman Fold Belt) onshore licence to Ocean Pakistan Ltd effective from 13 March 2019. As a result of this transaction the revised equity split is as follows: Oil and Gas Development Company Ltd (OGDCL) (40%, operator), Mari Petroleum Co Ltd (30%) and Ocean Pakistan Ltd (30%). OGDCL was granted an additional one-year extension to the initial exploration period of the licence from 1 January 2019 till 31 December 2019. The licence, located in the Balochistan province, covers an area of 2,459 sq km. The company has not drilled any well in the licence area to date.  Â Background Information  The licence was awarded to OGDCL (60%, operator) and Mari Gas Co Ltd (MGCL) (40%) on 29 December 2004. MGCL subsequently changed its name to Mari Petroleum Company Limited (MPCL) with effect from 19 November 2012. One well is known to have been drilled previously on the acreage - Tadri 1, which was P&A dry at a depth of 1,826m in the Jurassic Chiltan Formation by Amoco in December 1975.  The work programme for the initial three-year exploration phase is believed to include G&G studies and gravity / seismic acquisition during the first year, the drilling of three exploration wells during the second year and the drilling of one optional exploration well during the third year.   OGDCL assigned a 20% working interest to Tullow Pakistan (Developments) Ltd with effect from 25 February 2006 and the company received a further 10% working interest from MGCL with effect from 20 May 2006.
Tullow sells its 30%  in Kohlu 2968-3 EL,  2,459 sq km in Balochistan, Sulaiman Fold Belt, to Ocean Pakistan. Resulting partnership (OGDC (op), Ocean Pakistan + Mari Petr.