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October 06, 2015 7:46 PM ET

Oil, Gas and Consumable Fuels

Company Overview of MOL Pakistan Oil & Gas Co B.V.

Company Overview

MOL Pakistan Oil & Gas Co B.V. explores, produces, and process oil and gas products in Pakistan. The company was founded in 1999 and is based in Islamabad, Pakistan. MOL Pakistan Oil & Gas Co B.V. operates as a subsidiary of MOL Magyar Olaj- es Gazipari Nyilvanosan Mukodo Reszvenytarsasag.

Plot No. 5/A

Crown Plaza

F-7 Markaz

P.O.Box 1562

Islamabad,  44000


Founded in 1999


92 51 111 665 725


92 51 265 5827

Key Executives for MOL Pakistan Oil & Gas Co B.V.

Chief Financial Officer
Executive Vice President of Exploration & Production
Age: 47
Deputy Managing Director
Compensation as of Fiscal Year 2015.

MOL Pakistan Oil & Gas Co B.V. Key Developments

MOL Pakistan Oil & Gas Co. B.V and Mari Petroleum Company Ltd Announce New Discovery in Pakistan

MOL has made a new crude oil, condensate and natural gas discovery in the Karak Block, Pakistan. The block is operated by Mari Petroleum Company Ltd. (MPCL) holding a 60% interest while MOL Pakistan Oil & Gas Co. B.V has 40% in the block. MOL has a well-established presence in Pakistan with five blocks and over 15 years of operation. The Kalabagh-1A ST1 discovery is the joint venture's second success in the Karak block after its first crude oil discovery made at the Halini-1 Exploratory Well-1 in 2011. The Kalabagh-1A ST1, where drilling started in March 2015, well flowed gas & condensate in Datta Formation at a rate of 618 boepd and 160 bblpd, respectively, during testing. In the Samanasuk Formation it flowed gas and condensate at a rate of 877 boepd and 180 bblpd, respectively. Finally, the testing of Lockhart Formation flowed commercial quantity of crude oil at 500 bblpd.

Similar Private Companies By Industry

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BHP Petroleum (Pakistan) Pty Ltd. Middle East/Africa
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United Energy Pakistan Limited Middle East/Africa

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