Board meeting of Mari Petroleum Company Limited to be held on April 19, 2016
Karachi, Mari Petroleum Company Limited informed Pakistan Stock Exchange that the board meeting of the company is scheduled to be held on April 19, 2016 at Islamabad. The agenda of the meeting shall be consideration of quarterly accounts for the period ended March 31, 2016.
Further, the closed period of the company shall be from April 11, 2016 to April 19, 2016.
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.