External broker reports(aggregated public sources), Topline Securities

Topline Securities

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External broker reports(aggregated public sources)

Equity Bottom-Up

<ul><li>The company has reversed prior years' super tax amounting to Rs 17.2bn, in line with the Federal Constitutional Court judgment.</li><li>Next steps for the Waziristan Block include the testing and tie-in of Shewa-3 ST1, drilling Spinwam-2, submitting the Shewa-Spinwam Field Development Plans, and expanding facility capacity to 200 MMSCFD by FY29-FY30.</li><li>Against the Ghazij Shawal allocation of 222 MMSCFD, 25 wells have been drilled in Ghazij so far, with a cumulative production potential of ~120 MMSCFD.</li></ul>

The company has reversed prior years' super tax amounting to Rs 17.2bn, in line with the Federal Constitutional Court judgment.Next steps for the Waziristan Block include the testing and tie-in of Shewa-3 ST1, drilling Spinwam-2, submitting the Shewa-Spinwam Field Development Plans, and expanding facility capacity to 200 MMSCFD by FY29-FY30.Against the Ghazij Shawal allocation of 222 MMSCFD, 25 wells have been drilled in Ghazij so far, with a cumulative production potential of ~120 MMSCFD.

Mari Energies Limited (MARI) - Annual Report Key Takeaways