The company said that the projected depth of the exploratory well is about 2,400m and will target the hydrocarbon potential of the upper sands of the lower Goru formation of cretaceous age.
The Badin IV South block includes an area of 1,265km², while it is situated adjacent to various producing oil and gas fields.
Jura holds a 27.5% working interest in the Badin IV South block, and is operated by Petroleum Exploration.
Jura, which is based in Calgary, Alberta, is engaged in the exploration, development and production of petroleum and natural gas in Pakistan.
