The well was drilled to a total depth of 1849 metres and intersected the target sands in the Lower Goru close to prognosis.
However, joint venture partner Jura Energy said interpretation of open hole wireline logs showed the formations were water bearing. As a result the well was plugged and abandoned without testing.
Prior to drilling Jura had estimated the Haleema prospect to hold a prospective resource potential of 10 million barrels.
Petroleum Exploration operates the Badin IV South Block, holding a 47.5% stake, with Jura holding 27.5% and Kuwait’s Gulf Petroleum Explo