02-02-2006, 06:02 AM
Iraq oil exploration as challenging as countering terrorism -- Challabi
02-03-2006, 11:28 AM
Iraq is estimated to have 265 billion barrels of unproven reserves and 125 billion barrels of proven reserves.
IF true Iraq may be at Saudi levels
1)Saudi Arabia 265.3
2) Iraq 115
3) Kuwait 98.8
Of those, an estimated 36 billion barrels are in northern Iraq. Less than 10 percent of the region has been explored, according to Heritage Oil, one of the eight foreign companies carrying out studies in Kurdistan.
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