DNO tees up Iraqi oil production

[Reymar]

"Shares of Norwegian oil firm DNO jumped more than 10% on Monday amid optimism it will start pumping crude in Iraq."

"DNO said that if tests go well, it should start production at its Tawke field in northern Iraq early in 2007."

"The company already produces some oil in the North Sea and Yemen, and should its field in northern Iraq yield results, it will be the first foreign firm to pump crude in the country since the US-led invasion."

http://news.bbc.co.uk/2/hi/business/4895324.stm

[shellie01]

Iraq is among the largest holders of oil reserves and its allies consider that it must increase exports to get the economy in gear again

:huge:Get ready for the oil to start flowing :huge: ....hopefully.

http://www.iht.com/articles/2006/04/10/business/oil.php

[sincityplayah]

I got my fingers crossed!!!!!