Project Profile
Value: Undisclosed
Location: Central Indus basin, Jacobabad and Ghotki districts of the Sindh province, Pakistan
Area: of 200.22 square kilometres
Reserves: unknown
Start-up Year: -
The Salam Block is situated in the Central Indus Basin in Jacobabad and Ghotki Districts of the Sindh Province in Pakistan and covers an area of 200.22 square kilometres. It lies between 4 producing fields; Qadirpur, Khandkhot, Khandkot West and Badar. The area has well-developed communications and access to existing infrastructure. The Ibrahim Prospect lies c. 10 kilometres from the existing Qadirpur Production Plant. It is anticipated that in the event of success, a well could be placed on production within 12 months. The Ibrahim-1 well is anticipated to spud in the fourth quarter of 2015, and will be drilled to a target depth of 1,500 metres to test the Ibrahim Prospect. In 2015, Taipan Resources Inc. entered into a non-binding letter of intent dated July 29, 2015 (the \"Letter of Intent\") with Petroleum Exploration Limited (\"PEL\") to acquire a 50% interest in PEL\'s Block 2769-13 (Salam).
Operators:
Petroleum Exploration Limited (PEL): Operator with 50% interest
Taipan Resources Inc.: 50% interest