Mari Petroleum Company Limited (MPCL) entered into a farm-in agreement to acquire the remaining 41.1765% joint venture interest in Block 2768-9 (Sukkur) located in Pakistan, from Petroleum Exploration (Private) Limited (PEL). The Block covers an area of approximately 2,435.4 sq km located in Sukkur, Sindh, Pakistan. Following the completion of the transaction, MPCL will own 100% working interest in block. The transaction will enable MPCL to expand its exploration assets portfolio in Pakistan. The completion of the transaction is subject to the approval from government authorities including directorate general petroleum concessions (DGPC) and completion of codal/legal formalities.