Date: July 26, 2025

Source: PSX Disclosure

Fatima Fertilizer Company Limited has announced that its Board of Directors has approved the acquisition of 100% shares of Fatima Petroleum Company Limited, a public unlisted company, at face value. The move is part of the company’s strategic growth and diversification plan.

Fatima Petroleum has signed farm-out agreements with Orient Petroleum Inc. (OPI) to acquire petroleum interests in the following blocks, pending regulatory clearances and governmental approvals:

·        25% working interest in Marwat Block (Khyber Pakhtunkhwa)

·        24% working interest in Harnai South Block (Balochistan)

·        10.50% working interest in Ratana D&P Lease (Punjab)

The acquisition marks a significant step in expanding Fatima Fertilizer’s footprint into the energy sector.