MOL Pakistan's operations in Pakistan
MOL PAKISTAN OIL AND GAS COMPANY B.V.
A fully owned subsidiary of MOL Group is operating in Pakistan since 1999. MOL Pakistan has a very successful track record of operations in Pakistan where it has operated as well as non-operated joint ventures with the local E&P companies. Currently, it is led by Mr. Akos Grosz , Managing Director/ CEO MOL Pakistan, who brought a wealth of international experience in exploration and production projects from across the globe to ensure that MOL Group achieves its desired position and long-term goals in Pakistan. MOL Pakistan is the Operator of the TAL, Margala and Margala North blocks and it has participation in two non-operated blocks namely Karak and Ghauri. It holds exploration area around 9,800 sq.km in various blocks whereas it has 465 sq.km acreage of the D&P lease area.
MOL Pakistan has managed to drill 10 exploratory wells, 5 appraisal wells and 9 developments wells in the Operated blocks till first quarter of 2014.
MOL Pakistan has 6 discoveries to its credit, namely Manzalai, Makori, Mami khel, Maramzai, Tolanj, and Makori East as operated, along with two discoveries namely Halini & Ghauri – operated by MPCL.
Some Key facts about MOL Pakistan are given below: