OTCPK:WSRLF - Post by User
Comment by
muley1on Mar 03, 2010 11:35am
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Post# 16838098
RE: RE: RE: Iraq Oil ForumThere
RE: RE: RE: Iraq Oil ForumTherexomoc..........you are correct he was referring to the 2009 contracts. However earlier contracts such as the PSC signed by WZR would be honored in the same manner would you not think. The take home message I received from that report is that Oil is Iraq's #1 Resource. They need the revenue from this resource and any new government will be doing their best to ensure that they have policies and infrastructure in place to facilitate an increase in oil production and exports from their country.