{"id":9211,"date":"2025-05-13T13:09:53","date_gmt":"2025-05-13T08:09:53","guid":{"rendered":"https:\/\/ksestocks.com\/blog\/?p=9211"},"modified":"2025-05-29T14:09:10","modified_gmt":"2025-05-29T09:09:10","slug":"how-does-mari-energies-soho-1-discovery-position-it-for-growth-in-fy26","status":"publish","type":"post","link":"https:\/\/ksestocks.com\/blog\/how-does-mari-energies-soho-1-discovery-position-it-for-growth-in-fy26\/","title":{"rendered":"How does Mari Energies\u2019 Soho-1 discovery position it for growth in FY26?"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Key takeaways<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Mari Energies Ltd (MARI) discovered gas at Soho-1 well in Sujawal Block, Sindh.<\/li>\n\n\n\n<li>Gas flow tested at 30 million cubic feet per day (mmcfd) at 64\u201d choke size.<\/li>\n\n\n\n<li>Expected to add around PKR 5.0 per share to MARI\u2019s annualized earnings in FY26E.<\/li>\n\n\n\n<li>This discovery could boost MARI\u2019s FY26 earnings by approximately 8%.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Mari Energies discovers gas at Soho-1 in Sujawal block: What investors should know?<\/h2>\n\n\n\n<p><strong>Mari Energies Limited<\/strong> (<strong><a href=\"https:\/\/ksestocks.com\/blog\/tag\/mari\/\" target=\"_blank\" rel=\"noopener\" title=\"MARI\">MARI<\/a><\/strong>) has announced a significant gas discovery at its exploratory well, Soho-1, located in the Sujawal Block of Sindh. The company, holding 100% working interest, successfully tested gas flow from two different formations. The well showed an impressive gas flow rate of <strong>30 million cubic feet per day (mmcfd)<\/strong> at a 64-inch choke size, signaling promising production potential.<\/p>\n\n\n\n<p>This discovery is expected to have a meaningful impact on Mari Energies\u2019 financial performance. Analysts estimate that the gas find could contribute approximately <strong>PKR 5.0 per share<\/strong> to the company\u2019s earnings per share (EPS) on an annualized basis for FY26. This translates to about <strong>8% of the projected earnings for FY26<\/strong>, marking a significant boost for investors to watch.<\/p>\n\n\n\n<p>Mari\u2019s current projections assume an oil price of <strong>$75 per barrel<\/strong> for FY26 and an exchange rate of <strong>290 PKR\/USD<\/strong>. While the discovery is gas-focused, these assumptions provide a stable backdrop for the company\u2019s broader energy portfolio valuation.<\/p>\n\n\n\n<p>For investors, this discovery reinforces Mari Energies\u2019 position as a leading exploration and production player in Pakistan\u2019s energy sector. The successful test at Soho-1 highlights the company\u2019s strong operational capabilities and its potential to add valuable reserves, which could translate into improved cash flows and shareholder returns going forward.<\/p>\n\n\n\n<p>As energy demand continues to grow domestically, discoveries like this one are vital for Pakistan\u2019s energy security and the growth prospects of local energy companies. Mari Energies is now well-positioned to leverage this success as it develops the Sujawal Block further.<\/p>\n\n\n\n<p><strong>In summary,<\/strong> the Soho-1 gas discovery is a positive development for Mari Energies and investors alike, offering a clear earnings upside and strengthening the company\u2019s future production outlook. Investors should keep a close eye on follow-up developments and production ramp-up timelines as this asset moves towards commercial production.<\/p>\n\n\n\n<p><strong>Source: AKD Securities Limited<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Mari Energies Limited (MARI) has announced a significant gas discovery at its exploratory well, Soho-1, located in the Sujawal Block of Sindh. The company, holding 100% working interest, successfully tested gas flow from two different formations. The well showed an impressive gas flow rate of 30 million cubic feet per day (mmcfd) at a 64-inch choke size, signaling promising production potential.<\/p>\n","protected":false},"author":9252,"featured_media":6905,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[182],"class_list":["post-9211","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-mari"],"featured_image_src":{"landsacpe":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/11\/MARI-STOCK-PSX-1140x445.png",1140,445,true],"list":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/11\/MARI-STOCK-PSX-463x348.png",463,348,true],"medium":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/11\/MARI-STOCK-PSX-300x188.png",300,188,true],"full":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/11\/MARI-STOCK-PSX.png",1920,1200,false]},"_links":{"self":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/9211","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/users\/9252"}],"replies":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/comments?post=9211"}],"version-history":[{"count":1,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/9211\/revisions"}],"predecessor-version":[{"id":9396,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/9211\/revisions\/9396"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media\/6905"}],"wp:attachment":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media?parent=9211"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/categories?post=9211"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/tags?post=9211"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}