⚡ Flash Summary

Pakistan Oilfields Limited (POL) has announced that the Razgir-1 well, located in the TAL Block, has been brought onstream on October 12, 2025. Production from the well is being gradually ramped up and is expected to reach a flow rate of 25.1 million cubic feet per day of gas and 333 barrels per day of condensate by the end of the day. POL’s pre-commerciality working interest in the well is 25%. This new production will likely contribute positively to POL’s revenue and profitability.

📌 Key Takeaways

• ⛽ Razgir-1 well brought onstream on October 12, 2025.
• 📍 Well located in the TAL Block.
• 📈 Production being gradually ramped up.
• 💨 Expected gas flow rate of 25.1 million cubic feet per day.
• 💧 Expected condensate production of 333 barrels per day.
• 🤝 POL has a 25% pre-commerciality working interest.
• 🗓️ Expected production targets by the end of the day.
• ✅ Regulatory approvals secured prior to commencement.
• MOL is the operator of the TAL Block.
• 💰 Increased production will likely boost POL’s revenue.
• 📜 Announcement made in accordance with Listing Regulations.
• Previous testing results from Lumshiwal, Kawagarh, and Lockhart formations were previously shared.
• Positive impact on future earnings

🎯 Investment Thesis

BUY. The Razgir-1 well coming onstream represents a positive development for Pakistan Oilfields Limited. The increased production of gas and condensate should boost the company’s revenue and profitability. The 25% working interest provides a substantial stake in the well’s success. The target price is based on future revenue streams. We are recommending a buy rating, as we anticipate a price appreciation within the next 12 months due to increased production.