DNO International remarked Iraq as – ‘Sea of Oil’ | ||
14/10/2013 | ||
In a statement, DNO's Executive Chairman Bijan Mossavar-Rahmani said, "The exceptional results from Tawke-20 and Tawke-23 have fundamentally changed our approach to developing this field and also our expectations for its performance." He further added that comparing other wells by any measures, these are prolific wells tapping into what increasingly feels like a sea of oil. Situated in Iraq's Kurdish region, the Tawke field is operated by DNO, which has a 55 percent stake, while Genel Energy holds 25 percent and the Kurdistan Regional Government the remaining 20 percent interest. | ||
Last Update:: 14/10/2013 | ||
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