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Pakistan Oilfields Limited maintains a highly diversified exploration and production portfolio. POL is presently operating nine Development and Production leases i.e. Pariwali, Meyal, Joyamair, Minwal, Dhulian, Khaur, Pindori, Turkwal and Balkassar.

The Company has Joint Venture agreements with the following E&P companies:

i) The Attock Oil Company Limited in Central Potwar (Turkwal), Pindori, Kirthar and Ikhlas.
ii) Oil & Gas Development Company Limited (OGDCL) in Pindori, Chak Naurang, Gurgalot Block and Kotra.
iii) Orient Petroleum Inc. in Dhurnal, Ratana and Bhangali.
iv) Tullow Pakistan (Development) Limited in East Badin Extension Block-B.
v) MOL Pakistan in Tal Block, Margala and Margala North. In Tal Block Oil & Gas discoveries have been made in Manzalai, Makori, Mamikhel and Maramzai fields. Manzalai Central Gas Processing facility, having capacity of 300 MMSCFD, has been commissioned on October 28, 2009 to process gas from Manzalai field. The plant is currently processing 233 MMSCFD of gas. POL has a 25% pre-commerciality working interest in this venture.
vi) Pakistan Petroleum Limited in Adhi.
vii) Government Holding (Pvt) Limited in Pariwali, Minwal.

Two new exploration licenses have been awarded to POL in Dera Ghazi Khan and Rajanpur Blocks in January 2010.
POL exploration team is proactively evaluating exploration and exploitation opportunities within and outside Pakistan with an ultimate aim to sustain long-term production goals and bring value for the shareholders.
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