Wednesday, January 18, 2012

Iraq’s Complexities

Negotiating Iraq’s Complexities
Spokesman for Iraq’s Ministry of Oil recently told Al Jazeera that unexplored regions of Iraq could yield an additional 100 billion barrels of oil
The report says that only about 2,000 wells have been drilled in Iraq to date, compared with roughly one million wells in Texas alone.
These figures alone give some perspective on the scale of the opportunity facing the country
http://www.iraq-businessnews.com/2012/01/19/negotiating-iraqs-complexities/

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