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Bullboard - Stock Discussion Forum Longford Energy Inc V.LFD

TSXV:LFD - Post Discussion

Longford Energy Inc > Iraq to respect Kurd oil deals: PM
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Post by Rapax11 on Feb 05, 2011 9:24am

Iraq to respect Kurd oil deals: PM

by Sammy Ketz Sammy Ketz – 19 mins ago

BAGHDAD (AFP) – Iraq will respect profit-sharing contracts signed by the Kurdistan region with foreign oil firms.

"The oil ministry accepted these contracts because the nature of the extraction in Kurdistan is different from Basra," he said in an interview, referring to Iraq's oil-rich southern province.

"There is a need for bigger efforts there, while in Basra it (oil) is closer to the surface. It's difficult to have service contracts in Kurdistan but it's normal to have them in southern Iraq," he added.

Comment by farml1234 on Feb 05, 2011 11:47am
if true this is what we have been waiting for , let the climb begin! How soon to $1.00 then $2.00   !!!!JMHO
Comment by EOIM on Feb 05, 2011 12:48pm
https://www.google.com/hostednews/afp/article/ALeqM5jsJhkup58vd6HY4H49cwfV5Q_xhw?docId=CNG.dd44e6d1778e89bd83fae9c562893653.5e1 MY DAY IS MADE TODAY! $1 SOON