Targeting the Upper Sands of the Lower Goru formation of Cretaceous age, the well will be drilled to a projected depth of around 1,807m.
The prospective mean oil resource potential of Haleema-1 is estimated to be about 10 million barrels.
The Badin IV South block, which covers an area of around 1,265km², is located adjacent to several producing oil and gas fields.
Petroleum Exploration (Private) Limited is the operator of the block, in which Jura Energy has a 27.5% working interest.
