UEP has made an Oil discovery in Mirpur Khas Exploration Licence at Takhat-1 well in Sindh Province. The well was spud-in on October 8, 2022 and drilled to the depth of 2865 meters. Successful testing was carried out in the Lower Goru Upper Basal Sand which flowed at the rate of 150 BOPD Oil, 0.018 MMCFD Gas and 260 BWPD water through jet pump. Well was also tested in Lower Goru B Sand which flowed at the rate of 535 BOPD oil and 0.51 MMCFD gas through 20/64” choke size with flowing pressure of 960 PSI.