PEL is a private sector Pakistani E&P company. It was established in 1994 and in a short period has become an active operator having the largest acreage among ten private sector companies in Pakistan. It is exploring on land and deep waters off-shore Pakistan. It is also the first Pakistani E&P Company operating abroad and is currently carrying out exploration over three onshore permits in Morocco. PEL has a highly experienced E&P team with renowned experts. It is organized into multi-disciplinary integrated teams and believes in optimally exploiting knowledge/technology by outsourcing to industry leaders. It has twelve JV partners from Pakistan, Canada, Kuwait, UK, Morocco and Australia. These include – OGDCL, PPL, MGCL Frontier Holding Limited, Gulf Petroleum Exploration, ONHYM, Sherritt, Spud, OGIL, Pyramid Energy International Incorporated BVI and Government Holding Private Ltd and BP. PEL would welcome new partners in its concession areas onshore/offshore Pakistan and onshore Morocco.