Oil and Gas Development Company Limited has made a Gas and Condensate discovery over Hangu Formation from its exploratory efforts at Wali #01 well which is located in FR Lakki, Khyber Pakhtunkhwa Province, Pakistan. Wali # 01 well was spudded-in on 2nd December, 2019 as an exploratory well and drilled down to total Depth of 4,727m (measured depth) inside Kawagarh Formation. Based on the good oil/gas shows during drilling, interpretation of open whole logs data, successful testing was carried out in Kawagarh Formation, which proved to be gas/condensate discovery. Now, Drill Stem Test (DST) # 02 has been performed in Hangu Formation. The well flowed at the rate of 11.361 Million Standard Cubic Feet per Day (MMSCFD) gas and 895 Barrels Per Day (BPD) condensate with Well Head Flowing Pressure (WHFP) of 2,800 Pounds per Square Inch (PSI) at 32/64" choke size.