Dera Ismail Khan, Khyber Pakhtunkhawa (KPK), Pakistan
Welcome to
Falcon Oil

As the latest addition to the group, FALCON OIL is setting up a world-class oil refinery at Khyber Pakhtunkhwa (KPK), in collaboration with a Chinese company (GEDI). The timing and the location of this joint venture is very crucial when viewed in the context of CPEC (China Pakistan Economic Corridor), an epoch-making project that is going to be a game changer for the region.


With a capacity of over 100 thousand BPD, Falcon Oil will be a backbone not only of PetroWell’s marketing of POL products, but of the national economy, fuelling growth and prosperity across the length and breadth of Pakistan.

Through commitment and hard work, WAK Group has transformed itself into one of the largest business groups in Pakistan.

Incorporated in 1995, FALCON OIL is setting up a 100K BPD world-class oil refinery at KPK, in collaboration with a Chinese company.

The last 33 years have been so enriching and fulfilling that Team WAK is enthused to continue its journey in this long WAK to success.

Chairman WAK Group Senator Mr. Waqar Ahmed Khan announces with CEEC of China, construction of state of the art oil refinery, with deep conversion 100,000 barrels per day. It will be located in Dera Ismail Khan, KPK,Pakistan. This is a huge project for Pakistan as well as Khan Sahib’s hometown D.I.Khan. Mr. Waqar has fulfilled his promise made to the people of Pakistan.

Falcon Oil Production

WAK Group initiated its journey of success with the launch of its LPG brand WAKGAS, in 1984. Over the last 3 decades WAKGAS has evolved into Pakistan’s largest distributor of LPG with state-of-the-art facilities for manufacturing top-quality gas cylinders and bottle apparatus.

With a capacity of over 100 thousand BPD, Falcon Oil will be a backbone not only of PetroWell’s marketing of POL products, but of the national economy, fuelling growth and prosperity across the length and breadth of Pakistan.

Remarkable WAKGROUP Companies
Our Businesses

Incorporated on February 10, 1984, as a private limited company, WAK GAS was transformed into a public limited company in May 1995. A flagship of WAK Group, WAK GAS is Pakistan’s only ISO-certified LPG concern engaged in buying, filling, marketing and distribution of Liquefied Petroleum Gas.

A steely resolve
Established in April, 1990, WAK Steel is engaged in production of high-quality LPG cylinders, pressure vessels, storage tanks, and LPG bowsers for domestic, industrial and logistics use.

Envisioned to provide affordable shelter in a sustainable environment, Pak Arab Housing Society is the essence of WAK Group’s rich experience of real estate development. Commencing with the launch of Lahore’s first private housing society (currently known as DHA Phase 1) in 1960s, the Group has to its credit some landmark projects including Sui Gas Housing Scheme, Canal Park and River Edge.

Global Broadcast (Pvt.) Limited was set up in the year 2002, with a primary aim to enlighten and empower the people of underdeveloped and volatile areas of Pakistan. Currently running an FM station in Dera Ismail Khan to promote cultural and folk music alongside intelligent programming focused on creating awareness among the masses, the effort is focused on helping the people of this area go a step up on the social ladder.

Building a Better Tomorrow
Pakistan’s economy is undergoing a massive change, which is reflected in improving growth figures, a booming corporate sector, multiplying incomes, swelling consumerism, and improving lifestyles. No wonder, Pakistan’s real estate and construction sectors are not only changing perspectives but showing great prospects.

More miles, More Smiles
PETROWELL (Pvt.) LIMITED was incorporated on December 15, 2015 as a Private Limited Company under the umbrella of WAK Group. WAK Group is Pakistan’s fastest growing business conglomerate with interests in various sectors ranging from petroleum & natural gas, real estate & construction, fashion & media to consumer electronics.

Glitzy Galore
IVY Prints has been flaunting its prêt and unstitched arrays of bridal, luxury, formal and semiformal designs for the last 8 years. IVY’s Flora range with its definitely distinctive western look is the ultimate showstopper.

As WAKGROUP’s latest initiative in consumer electronics sector, WAKTECH is driven to capitalize on Pakistan’s consumer electronic market worth $1.5 billion. With gradual improvement in power generation and a rising PPP, the sector is expected to grow to $2-4 billions in the near future.

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Contact Us
Corporate Office
135 Block E-1,
Sta­dium Road, Gul­berg III,
Lahore, Punjab, Pak­istan
Refinery Address
Dera Ismail Khan,
Khyber Pakhtunkhawa (KPK),
UAN: +92 42 111 66 33 33
Phone: +92 42 5870230–6