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Gas Discovery at Shewa-2 Well in Waziristan Block – KP Province

MPCL has achieved remarkable success at the Shewa-2 appraisal-cum-exploratory well, located in the North Waziristan district, Khyber Pakhtunkhwa Province. The well was drilled to test the hydrocarbon potential of the well’s exploratory targets i.e. Samanasuk and Kawagarh formations as well as appraise the Lockhart and Hangu formations, which were previously discovered at exploratory well Shewa-1. During the Drill Stem Test carried out in the Kawagarh formation (exploratory target), gas flowed at a sustainable rate of 0.607 MMSCFD at WHFP of 97 Psi at 32/64-inch choke size. Further, the appraisal of the Lockhart and Hangu formations confirmed the extension of hydrocarbon play in these...

SAARC Anniversary Award for Corporate Governance

MPCL Annual Report 2022 won the Certificate of Merit “SAARC Anniversary Award for Corporate Governance”, awarded by the South Asian Federation of Accountants (SAFA), on December 22, 2023, in India....

MPCL Wins the Corporate Excellence Award 2023 (Oil and Gas Sector)

For the 7th consecutive year, MPCL won 1st Prize for the “Best Management Practices” in Oil & Gas Sector, at the 38th Corporate Excellence Awards Ceremony arranged by the Management Association of Pakistan, on October 04, 2023....

MPCL Annual Report 2022 Wins Accolades

MPCL Annual Report 2022 won the 1st Position in the Fuel & Energy Category and overall 3rd Position at the Best Corporate and Sustainability Report Awards, held on October 12, 2023, by the Joint Committee of the Institute of Chartered Accountants of Pakistan (ICAP) and the Institute of Cost and Management Accountants of Pakistan (ICMAP)....

MPCL ranked 13th among Top 25 Companies on the Pakistan Stock Exchange for FY 2022

MPCL has been ranked at No. 13 amongst the Top 25 Companies on the Pakistan Stock Exchange for the Year 2022 (moved up 7 places from 20th in 2021). The notification was issued by PSX on October 10, 2023....

MPCL Wins the Corporate Excellence Award 2023 (Oil and Gas Sector)

For the 7th consecutive year, MPCL won 1st Prize for the “Best Management Practices” in Oil & Gas Sector, at the 38th Corporate Excellence Awards Ceremony arranged by the Management Association of Pakistan, on October 04, 2023....

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