*KOHAT: Massive oil and gas reserves unearthed in Khyber Pakhtunkhwa,giving impetus to Pakistan’s growing needs and strengthening the dwindlingeconomy of Pakistan.*
According to details, 240 barrels of crude oil can be excavated from a deepgorge along with annual gas production of 127 cubic feet of natural gas.
The official statement on the discovery states that the Oil and GasDevelopment Company Limited (OGDCL) owns 50% of the shares from the overalldiscovery while Mari Petroleum Company owns 33.33% of the shares from thediscovery.
Pakistan Stock Exchange has been notified of the discovery which will helpPakistan’s economy and ensure value in the foreign exchange arena.
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Pakistan’s foreign exchange picked up pace after the news of the discoverybroke out earlier in the day, a steady recovery is underway after thetumultuous end to yesterday’s trading.
