Surprise Oil Find in Iraq

Iraq's Oil Ministry announced on Wednesday that it has discovered a new oil field in the Missan [Maysan] province, and described it as the biggest achivement in 30 years.

According to the report from AKnews, the Iraqi Oil Minister Abdul Kareem Luaibi [Elaibi] told a press conference:

Iraqi Oil Company and the Southern Oil Company have been able to make a big achievement… by finding oil in al-Dima field in Missan province [south east of Baghdad bordering Iran] though the ministry did not expect the discovery of oil in the field.

Iraqi oil experts struck oil at at depth of 2,300 meter.

The minister added:

They are now working on estimating the size of the oil reserve in the field before pumping is started.”

(Source: AKnews)

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