Pakistan Petroleum Limited

Pakistan Petroleum Limited

Initial Public Offering

PKR 15,342 million

Sales of Government of Pakistan`s shareholding


Description of Transaction:

  • AHL acted as the Joint Lead Manager and Book Runner for Pakistan Petroleum Limited and successfully completed the sale of Government of Pakistan’s shareholding amounting to PKR 15,342 Million for the Company.

About the Issuer:

  • Pakistan Petroleum Ltd is a Pakistan-based company operates in the natural gas industry.
  • The company along with its subsidiaries is engaged in conducting exploration, prospecting, development, and production of oil and natural gas resources.
  • It operates several producing fields across the country at Sui, Adhi, Kandhkot, Chachar, Mazarani, Adam, Adam West, Shadadpur and Shahdadpur West.
Source: PSX