Pakistan Oilfields Limited’s Material Information

Karachi: In accordance with the Listing Regulation, we are pleased to convey the following information.

In lkhlas Block hydrocarbon have been encountered in its exploratory well, Domial-1

Initial production is 11 MMSCFD of gas, 942 BPD of oil through 28/64 fix choke. As the testing procedure continues the production is expected to become stable at a rate different the one noted above.

For more information, contact:
Syed Khalid Nafees Zaidi
Company Secretary
Pakistan Oilfields Limited
P.O.L House, Morgah,
Rawalpindi 46600 Pakistan
Tel: +9251 5487589-97(9 Lines)
Fax: +9251 5487598-99(9 Lines)
Email: polems@isb.paknet.com.pk
Web: www.pakoil.com.pk