Petroleum Exploration (Pvt) Ltd (PEL), a Pakistani exploration and production company with international presence, was incorporated in 1994 under the Companies Ordinance 1984. it is a subsidiary of the Shahzad International Group of Companies.
The main sector of the Group’s Business is the exploration and production of oil and gas under PEL. It is also engaged in several other business pursuits such as: Power Generation, Mineral Development, Gold Exploration & Prospecting, Procurement Services, Oil and Gas field services, Petrochemical Plants, Security Services, Geographical Information Systems and Travel Advisory Services.
Exploration & Production Portfolio
PEL enjoys the privilege of being the first private Pakistani company to:
- Operate off-shore.
- Have the largest exploration acreage amongst other indigenous private sector companies.
- Explore hydro carbons, internationally in the Kingdom of Morocco.
PEL has established joint ventures with well known local and international companies from several countries including Canada, Kuwait, the United Kingdom, Morocco and Australia.
Exploration Licences (Onshore)
- Mirpur Mathelo
- New Larkana
- Badin IV South
- Mirpur Khas West
- Sukkur (Non-Operated)
- Badin IV North
- Sanghar East
- Hamza Discovery
Exploration Licences (Offshore)
- Offshore Indus – J
Development & Production / Mining Leases
- Hasan D&PL
- Khanpur D&PL
- Badar ML
- Sadiq D&PL
- Kandra D&PL
Exploration Licences (Onshore) International
- Haha Nord
- Haha Centre
- Haha Sud