Monday, July 21, 2008

"PPL - Pakistan Petroleum Limited" PRODUCTION

"PPL" - "Pakistan Petroleum Limited" "PRODUCTION"

PPL showed rise in crude production on the back of additional pro-duction from Mela 1 during the period, crude oil production by the company stood at 4,031bpd in 11 months 2008 as against 2,726bpd in the year 2007Further to to Mela field, production from Tal block also showed an good rise of 37.4% during the period 2008 and contributed 17.1% of to-tal oil production of the company. Gas production declined nominally to 989mmcfd during 2008 as compared to 993mmcfd in 2007.

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