Report summaryThe fields were discovered by BP and its predecessors over a period of 25 years, on five consecutive exploration licences: Badin-I, Badin-II, Badin-II Revised, Badin-III and Mehran. The majority of fields and reserves were discovered in the 1980s and early 1990s on the Badin-I and Badin-II concessions. In September 2011, BP sold the assets to Hong Kong-based United Energy Group (UEG) for US$775 million. UEG has made significant capital investments since late-2011 which have helped increase production after a sharp fall in 2011.
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