KARACHI: Oil and Gas Development Company Ltd (OGDCL) has announeed gas discovery from Sawan South Block lower Goru B Reservoir Sand of Shahu-1 well located in district Khairpur, Sindh.

In a stock filing on Wednesday, the companysaid that the joint venture comprises of OGDCL (20 per cent working interest), the operator, United Energy Pakistan Ltd (75pc), Government Holding (Pvt) Ltd (2.5pc) and Sindh Energy Holding Ltd (2.5pc).

The well was spudded on Aug 18 and has been successfully drilled down to the depth of 12,675ft.