Search results for "kurdistan"

Heritage Oil Gains on Kurdistan Update

Shares in Heritage Oil Plc (LSE: HOIL), the independent upstream exploration and production company with operation in Iraqi Kurdistan, were up more than 5% this morning after the company issued an Interim Management Statement for the periond July 2010 to 17 November 2010. Highlights The Miran West-2 well, in the Kurdistan Region of Iraq, has […]

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Investment in Kurdistan Tops $13bn

Prime Minister of the Kurdistan Region, Barham Salih, visited major investment projects that are underway in Sulaymaniyah, the most populous city in the region. At a foundation stone-laying ceremony for Majidi Mall, a major retail building project, prime minister Salih said that direct investment in the Kurdistan Region has surpassed US$13bn. Investment won’t stop there: […]

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Dana Gas Updates on Kurdistan Operations

Dana Gas PJSC, the Middle East’s largest regional private sector natural gas company, has announced its financial results for the quarter ended 30th September 2010. In the Kurdistan Region of Iraq, Dana Gas, through its 40% share, produced 1.2 million boe of gas and condensate during the quarter, an increase of approximately 72% over the […]

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MOL Updates on Kurdistan Oil Exploration Ops

MOL Hungarian Oil and Gas Plc. has informed the markets that it has finished the testing of the first well, Bijell-1 in Akri-Bijeel Block in the Kurdistan Region of Iraq. The cased hole test performed in the depth of 3,804 – 3,967 m from Jurassic formations produced 2,700 bbl/d 12-13 °API oil through 40/64” choke. […]

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Murphy Oil to Explore in Kurdistan

Murphy Oil Corporation (NYSE: MUR) announced on Thursday that its wholly-owned subsidiary, Murphy Central Dohuk Oil Co., Ltd., has finalized an agreement with the Kurdistan Regional Government-Iraq (KRG) to acquire an interest in the Central Dohuk block. Murphy will operate and hold a 50% interest in the block. The Central Dohuk block covers approximately 619 […]

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Could Kurdistan Unrest Hit UK-listed Oil Firms?

According to a report from Interactive Investor, foreign oil companies operating in Kurdistan have been thrust into the limelight as the race for a new Iraqi Prime Minister gets underway. There are over 25 international oil companies operating in the region, including UK-listed Gulf Keystone Petroleum (LSE: GKP) and Heritage Oil (LSE: HOIL). AIM-listed Gulf […]

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Between Freedom and Abuses: The Media Paradox in Iraqi Kurdistan

From Reporters Sans Frontieres: The press freedom situation is better in Iraqi Kurdistan than it is in neighboring regions, and with 850 media outlets officially registered and 5,000 journalists, has considerably improved over the last decade. Yet the number of attacks against journalists has also grown steadily over the last two years. Police and security […]

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Gulf Keystone Shares Rally on Kurdistan Update

Shares in Gulf Keystone Petroleum (LSE: GKP) jumped 6.5% on Monday morning following an update on theie current exploration and testing activities in the Kurdistan region of Iraq: Shaikan-3 The well is currently in the Cretaceous Garagu Formation at 1,229 metres, measured depth.  Oil shows have been observed both while drilling and also in a […]

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Tourism Opportunities in Kurdistan

The Kurdistan Regional Government has requested declarations of interest from companies wishing to participate in tourism projects in the Dukan region (pictured). The following is the un-edited text of their announcement: Declaration to all investment companies, local and foreign businesses: Within the ongoing efforts of the Kurdistan Regional Government and direct supervision of the Directorate […]

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Kurdistan Investment Board Seeks Technical Assistance

Request for expressions of interest: Technical assistance to Kurdistan Investment Board The Kurdistan Board of Investment of the Kurdistan Regional Government (BoI – KRG) seeks professional assistance to enhance the quality of the board’s evaluation process from various perspectives, including the technical review and assessment of the investment proposals submitted to the board. The main […]

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