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MGCLMari Gas Company Limited (Pakistan)
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ISLAMABAD -- Mari Gas Company Limited (MGCL) has changed its name to Mari Petroleum Company Limited (MPCL) with effect from November 19, 2012.
Mari Gas Company Limited is one of Pakistan's largest E&P Company operating the country's 2nd largest gas reservoir.
KARACHI, July 8 -- Mari Gas Company Limited (MGCL), a Pakistani petroleum exploration and production company, has made a significant gas / condensate discovery with its tested maximum flow rate of 11.
Mari Gas Company Limited was the biggest gainer of the day while ATRL figured high on the negative column.
Mari Gas Company Limited (MGCL) sought for an increase in its well head gas price from Rs 23.
The official said three companies namely Sui Northern Gas Pipeline Limited, Sui Southern Gas Company Limited and Mari Gas Company Limited are providing gas to the fertilizer sector.
Mari Gas Company Limited remained the major loser of the day by losing Rs 1.
Straddling Sanghar and Matiari districts in Sindh, Hala Block is a joint venture of PPL, the operator with 65 percent working interest, and Mari Gas Company Limited (MGCL), that holds the remaining 35 percent.
ISLAMABAD -- A Memorandum of Agreement (MOA) was signed between Mari Gas Company Limited (MGCL and Quaid-i-Azam University (QAU) in a simple but an impressive ceremony here on Monday at Mari Gas Company Head office.
Mari Gas Company Limited (Mari) started supplying 44 mmcfd gas from its Mari Field (Mari Deep Reservoir) since March 10, 2012 to the Sui Northern Gas Pipelines (for Wapda).
ECC also approved enhancement of exploration expenditures limit of US $ 20 million to US $ 40 million for Mari Gas Company Limited, which was sought by the Ministry of Petroleum and Natural Resources.
Mari Gas Company Limited (Mari) has discovered 1,700 barrels a day crude oil with the additional potential of associated gas during the drilling of Halini Well in its operated Karak Block.