ISLAMABAD:– The Petroleum Exploration (Private) Limited (PEL), a private sector Pakistani company, Wednesday announced a discovery of oil and gas reservoir in its Badin-IV South Block at Ayesha North-I Well in Sindh. "The company discovered significant quantities of gas and condensate in Badin," said a press release. The company has expressed confidence that the discovery would help increase the hydrocarbon reservoirs in the country and have positive impact on the national economy.–APP