RAWALPINDI: Pakistan Oilfields Limited held its election of directors at Attock House, Morgah, Rawalpindi, on June 22, 2026, resulting in the appointment of seven directors for the next three-year term starting June 27, 2026.

According to the announcement, the election proceeded smoothly as the number of candidates was equal to the number set by the Board of Directors under section 159 (1) of the Companies Act 2017. The absence of a competitive election led to the automatic selection of the candidates.

The individuals elected as directors for the upcoming term include Mr. Laith G. Pharaon, Mr. Wael G. Pharaon, Mr. Shuaib A. Malik, Mr. Sajid Nawaz, Mr. Abdus Sattar, Mr. Shamim Ahmad Khan, and Mr. Irfan Amanullah. These directors will assume their roles officially on June 27, 2026.

According to information available from the Pakistan Stock Exchange (PSX), Pakistan Oilfields Limited operates within the designated market category. The company continues to focus on the exploration and production of oil and gas, contributing to the energy sector in Pakistan.

The election process adhered to the stipulations of the Companies Act 2017, ensuring compliance and transparency. The directors elected expressed readiness to undertake their responsibilities, aiming to guide the company's strategic ventures in the coming years.