It was reported in November 2018 that Mari Petroleum Company Ltd (MPCL) has acquired operatorship of Block 28 EL (Sulaiman Fold Belt) onshore licence from Oil and Gas Development Company Ltd (OGDCL) with effect from 31 July 2018. MPCL holds 95% interest in the licence whereas remaining 5% is held by OGDCL. The licence covers an area of 5,833 sq km and it is located in the Balochistan province.  MPCL had farmed-in in Block 28 EL by acquiring Tullow Pakistan (Development) Ltdâs full 95% working interest with effect from 8 June 2018.  Â   Background Information    The Block 28 EL licence was originally      awarded to Tullow Oil on 14 January 1991 â the company had 95% interest in      the block whereas the remaining 5% was held by OGDCL.   Operatorship of Block 28 EL      was changed from Tullow Oil to OGDCL with effect from 19 July 2016.  MPCL announced on 19 July      2017 that it signed the Head of Terms (HoT) agreement with Tullow Pakistan      (Development) Ltd for acquiring Tullowâs entire working interest in three      onshore blocks in Pakistan â Bannu West, Block 28 and Kalchas blocks.    MPCL acquired      Tullow Pakistan (Development)      Ltdâs full 95% working interest in      Block 28 EL with effect from 8 June 2018, as a result, the revised equity      split was as follows: OGDCL (5%, operator) and MPCL (95%).
Pakistan, Block 28 EL