October 17, 2025 (MLN): Mari Energies Limited (PSX: MARI) has reported an oil and gas discovery at its Mari Ghazij CF-B1 well, located within the Mari Development and Production Lease (D&PL) area in Sindh Province, according to a company filing to the Pakistan Stock Exchange.

The exploratory well was spud-in on September 12, 2025, and drilled to a total depth of 1,195 meters into the SUL formation, targeting oil-prone zones within the Ghazij formation.

During testing, the well produced 305 barrels per day of oil and 3 million standard cubic feet per day (MMSCFD) of gas, with a wellhead flowing pressure of 225 psi at a 48/64-inch choke size.

MariEnergies is the operator of the Mari D&PL with a 100% working interest in the block.