RE:Update !!!Thanks for the update...The new found oil of 4,900 bopd has gravity at 14 degrees API & is categorized as "heavy oil" and good for paving asphalt. At-2 well flowed over 42,000 bopd. Also, I don't think this news will do anything to the stock price which is laying at 52-week low. Btw, the oil agreement with Iraq has been broken. Kurdistan's Premier Barzani said today that in return for the export of 550,000 bpd, the Kurdish region was due to get "1.2 trillion dinars ($1 billion) from Baghdad," each month. He said the December agreement, which had been seen as a breakthrough in resolving longstanding disputes over oil and budget, "currently has no meaning." "Baghdad has no money to give... We made a deal with a state that was originally broke, and Iraq today is broke," he told a news conference in the Kurdish capital. WHAT A MESS.