Other shareholders included Oil & Gas Development Company and the Government of Pakistan which they acquired from Esso Eastern Inc.
[2] In 1994, Mari Gas was listed on the Karachi Stock Exchange, following an initial public offering at PKR 25 per share.
The company also simultaneously pursued appraisal activities within its Mari D&P Lease by drilling step out wells to determine the boundaries of the Habib Rahi Reservoir.
[9] National Resources Limited (NRL) is created as joint venture to involve in among other things, exploration, survey, extraction, excavation, mining and sale of produced minerals.
Pakistan, Arif Habib Equity, Liberty Mills, and Reliance Commodities are the Joint Venture partners.