Pakistan, April 8 -- Mari Energies Limited has made a significant announcement regarding its fourth hydrocarbon discovery. The discovery was made at the Spinwam-1 exploratory well, located in the Lockhart Formation of the Waziristan Block in Khyber Pakhtunkhwa (KP). The company shared this news in a filing to the Pakistan Stock Exchange (PSX) on Tuesday.

This latest discovery has yielded impressive results. The Spinwam-1 exploratory well produced gas at 70.3 million standard cubic feet per day (MMSCFD) along with condensate output of 310 barrels per day. The well also registered a wellhead flowing pressure (WHFP) of 3,264 psi. Additionally, a smaller choke size produced gas at 29.3 MMSCFD and 166 barrels of condensate per day.

Mari Ener...