Breaking News

Mari Petroleum Denies Rumors of Gas Discovery in Chagai, Balochistan

Islamabad: Mari Petroleum Company Limited (MPCL) has officially denied rumors of a gas discovery in Chagai, Balochistan, stating that the news circulating on social media is false. According to information available from the Pakistan Stock Exchange (PSX), MPCL has confirmed that it has made no such discovery in the region.

The rumors, which emerged on various social media platforms, suggested that MPCL had identified a new gas reserve in Chagai. However, MPCL, a company known for its commitment to transparency and disclosure, has refuted these claims. In a statement released today, the company emphasized its dedication to upholding the highest standards of honesty in all of its operational territories.

MPCL has urged the public and stakeholders, including TRE certificate holders of the Exchange, to disregard the misinformation being spread and to rely solely on official communications for updates regarding its exploration activities.

The post Mari Petroleum Denies Rumors of Gas Discovery in Chagai, Balochistan appeared first on .

Check Also

PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance

Karachi: The Pakistan Stock Exchange (PSX) has issued a compulsory buy-back directive to the sponsors and majority shareholders of three companies, following their continued failure to comply with specific financial regulations. The companies have bee...

The post PSX Issues Buy-Back Directive for Three Companies Over Regulatory Non-Compliance appeared first on .