Oil and Gas Market Update for covering entire month of September 2013

• OMV makes new gas discovery in Pakistan ‐ OMV has announced the discovery of gas and
  condensate in the Sofiya‐2 exploration well in the Mehar exploration license in the Sindh province of
  Pakistan. The presence of hydrocarbons was proven through wireline logging and testing operations.
  During testing, a total of 18 million scfd of gas plus an additional 1,550 barrels of condensate (gross
  4,500 boepd) flowed from the Ranikot formation.
• The Pakistan Petroleum Limited (PPL) has successfully completed production testing at its
  exploration well Adam X‐1, located in district Sanghar, Sindh. PPL has a 65 per cent working interest in
  the block.