ISLAMABAD - Mari Gas Company Limited (MGCL) has made a significant crude oil discovery with the additional potential of Associated Gas, during the drilling of Halini well in district Mianwali in its operated Karak Exploration Block. Mari Gas Company Limited (MGCL) has made this significant crude oil discovery with the additional potential of Associated Gas, during the drilling of Halini well (near the village Kamar Sar, Tehsil Essa Kheil, District Mianwali) in its operated Karak Exploration Block. The Block is located at the boundaries of KPK and Punjab Provinces (between the districts of Karak and Mianwali). The discovery is estimated to accrue huge foreign exchange savings which could range in billion of dollars at the current oil price trend and thus contribute towards the nation's endeavour to reduce dependence on imported energy. Petroleum Minister Dr Asim Hussain has congratulated Mari Gas Company on this achievement and assured that Ministry of Petroleum & Natural Resources would facilitate all efforts of the company regarding exploration and production of hydrocarbons in the country. It is relevant to mention that the Halini well was spaded on January 07, 2011. The well has been drilled up to a depth of 5,350 meters. During the initial short duration tests carried out, the well flowed at the average rate of 1,700 barrels/day crude oil of API gravity 26 at 32/64" choke size. The flow rates from the well are expected to increase with further testing and stimulation treatment, which is planned to be conducted shortly. The prospect is estimated to spread over a large area and the company is planning to drill additional wells to delineate the exact extent, size and reserves potential of this oil discovery. The Karak Block was granted to MGCL, as operator and 100 percent interest owner, on April 14, 2005. Subsequently MOL Pakistan Oil & Gas Company B.V. (an E&P Company of Hungary) acquired 40 per cent interest share in the Block from MGCL. It is worth mentioning here that MGCL has also made a gas/ condensate discovery last year in its 100 percent operated Sujawal Block in Sindh which is being put on test production by installing early production facilities. MGCL also discovered the first ever oil in Balochistan when it's Ziarat well flowed crude oil which is currently being evaluated for bringing it on production. Other recent discovery of Gas by MGCL in its Sukkur Block's Koonj well has also been put on test production for gas supply to SNGPL.