🌟 Material News · MARI Mari Energies Limited has announced the issuance of a 'Letter of Award' to Universal Gas Distribution Company (Pvt) Ltd for the sale of gas from the Spinwam Gas Discovery in Waziristan Block, KP.
- Mari Energies will sell up to 17.5 MMscfd of gas from the Spinwam Gas Discovery.
- The bidding process concluded successfully following an invitation advertised on May 15, 2026.
- Mari Energies holds a 55% working interest in the Waziristan Block, with joint venture partners Oil and Gas Development Company Limited (35%) and Orient Petroleum Inc. (10%).
- The parties will now seek necessary regulatory approvals as per the Framework for Sale of Gas to Third Parties.
About this brief: prepared automatically by BSL’s research systems from the company’s filing with the exchange. A summary for information, not investment advice — the original filing is the authoritative record.
Original filing (PDF)