MPCL acquires working interest in Margala block Company will collaborate with MOL Pakistan to jointly perform exploration activities PHOTO: AFP/FILE ISLAMABAD: Mari Petroleum Company Limited (MPCL), one of Pakistan's largest exploration and production companies, has announced its farm-out agreement with MOL Pakistan Oil and Gas Co BV over Margala Block with an area of 1,847 sq km to collaborate their resources and efforts to jointly perform exploration activities. While the assignment of working interest is subject to government approval, with this agreement, MPCL will become a significant working interest owner in the petroleum concession agreement of the block along with Pakistan Oilfields Ltd, and MOL Pakistan as the operator. The Margala Block is situated in the Potwar Basin in the vicinity of Islamabad.