PPL adds SFD technology for better hydrocarbon detection – Alfalah Securities Limited : AsiaNet-Pakistan

PPL adds SFD technology for better hydrocarbon detection – Alfalah Securities Limited

December 31, 2012 | | Share:

Karachi, December 31, 2012 (PPI-OT): Pakistan Petroleum Limited (PPL) has introduced Stress Field Detection (SFD) technology developed by NXT Energy Solutions to better identify potential hydrocarbon traps and reservoirs in a time and cost effective manner.

According to Alfalah Securities Limited, it is likely to benefit PPL by fast track identification of the presence of oil and gas reserves. Alfalah Securities Limited recommends a Buy on PPL with target price of PKR 222.

Category: Brokerage