Material information of Mari Petroleum Company Limited

Karachi, Mari Petroleum company Limited informed Karachi Stock Exchange about broad parameters of the ECC’s approval for amendment in Mari GPA. Mari Petroleum Company Limited is an exploration and production company operating at Daharki, District Ghotki, Sindh. The field is approximately 96 kilometers North of Sukkur. Esso Eastern Inc. discovered this field in 1957 with the drilling of first well – Mari X-1. The field was brought on production in 1967. The company is also joint venture partner in two exploration blocks (Kohlu & Kalchas) in Balochistan, two exploration blocks (Kohat & Bannu West) in Khyber Pakhtunkhwa, one block (Zindan) in Khyber Pakhtunkhwa / Punjab and one block (Hala) in Sindh. Moreover, the company is also joint venture partner in block 43B with 25% working interest in Oman. The symbol “MARI” is being used by the stock exchanges for the shares of Mari Petroleum Company Limited.

Mari Petroleum Company Limited’s number of directors fixed by the board and date and time of extraordinary general meeting for election of directors

Karachi, May 17, 2013 (PPI-OT): We have to inform that the Board of Directors of Mari Petroleum Company Limited (MARI) has fixed the number of Directors on its Board of Directors to Fourteen. Out of the fourteen Directors, the eight Directors will be elected by the shareholders at the Extraordinary General Meeting for a term […]