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OMV gets two more exploration licenses in Pakistan
Friday, 8 Aug, 2008 2:06 pm
VIENNA : Austrian oil and gas group OMV said on Friday it had acquired two exploration licences in southwest Pakistan.
OMV will be part of a joint venture with state-run Pakistan Petroleum Ltd (PPL), which will operate the two blocks, the Austrian firm said in a statement.
OMV has a 30 percent share in the Kalat block and a 15 percent in the Barkhan block in the province of Balochistan.
Geophysical surveys will start in August. OMV now holds a total of eight licences in Pakistan.
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