Pakistan, May 14 -- Pakistan Petroleum Limited (PPL), an oil and gas exploration firm, announced on Wednesday the successful workover operations for sidetracking of well Adhi South-2 in the Adhi field.

The company informed the Pakistan Stock Exchange (PSX) today. The well is operated by the PPL with 39% Working Interest (WI) along with joint venture partners, namely Oil and Gas Development Company Limited (OGDCL) holding 50% WI and Pakistan Oilfields Limited (POL) holding 11% WI, as per the notice.

"Adhi South-2 was drilled as an appraisal well in 2020 and was initially tested at approximately 800 barrels per day (bpd) of oil," the PPL said. The company said that over the years, its production declined to approximately 200 bpd. "In 2023...