Karachi: Mari Energies Limited has announced the approval of a significant renewal for its Mari Development and Production Lease (Mari D&PL) by the Federal Government. The lease, located in District Ghotki, Sindh Province, has been extended until November 10, 2065, according to a report filed on August 21, 2026.

The extension, granted under Section 96 of the Securities Act, 2015 and Clause 5.6.1 (a) of the Pakistan Stock Exchange (PSX) Regulations, allows Mari Energies to maintain its operations with a 100% working interest in the lease. This development is poised to support the company's ongoing investment in exploration and development activities, which aim to sustain and enhance field production.

According to information available from the Pakistan Stock Exchange (PSX), the renewal of the lease is expected to contribute to the country's food and energy security. This strategic move underscores the importance of continued investment in the energy sector, particularly in the exploration and development of domestic resources.

The renewal marks a pivotal moment for Mari Energies, as it secures long-term operational stability in one of Sindh's key energy-producing regions. The company's focus remains on leveraging this opportunity to reinforce its contribution to the national energy grid, ensuring sustained production capabilities for decades to come.