Pakistan, March 17 -- Mari Energies Limited has discovered additional hydrocarbon reserves at the Spinwam-1 exploration well in Khyber Pakhtunkhwa's Waziristan Block. This marks the second gas and condensate discovery at the site after an earlier find in February 2025. The listed company, previously known as Mari Petroleum, announced the breakthrough in a notice to the Pakistan Stock Exchange (PSX) on Monday.

According to the company, the well is producing 20.485 million standard cubic feet per day (MMSCFD) of gas and 117 barrels per day of condensate. The flow was recorded at a 32/64" choke with a Well Head Flowing Pressure (WHFP) of 3,431 psig. Mari Energies operates the Waziristan Block with a 55% working interest, while joint venture...