Petroleum Exploration (Private) Limited (PEL), a private sector Pakistani Company discovered significant quantities of gas and condensate in its Badin IV South Block Concession located in District Badin, Sindh Province. PEL is the operator of the Block.

The well Ayesha North-1 was spud on March 25, 2016 with an objective to test the Upper Sands of the Lower Goru formation upto a depth of 2800 meters or 50 m inside Basal Sand whichever is shallower.

The well reached to a total depth of 2820 meters on May 10, 2016. Based on wireline logs and testing the well flowed 8.1 MMCFD of good quality natural gas at Choke 48/64 with 49 BPD of condensate from "A" Sand unit of Upper Sands. The wellhead pressure was recorded as 648 psi. The discovery augurs well for the energy starved nation and will act as stimulant for further exploration in the region.