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If you look at the oil companies that are based out of Kurdistan they are some of the most undervalued stocks in the world right now. You can buy shares in Gulf Keystone Petroleum which has one of the largest onshore oil developments in the world for only 7 cents a share. Western Zagros (WZGRF) can be bought for only 5 cents and it sits on a production field with reserves of 2 billion barrels of oil. Range Energy (RGOZF) can be bought for 2 cents, Oryx petroleum (TSE:OXC) 50 cents, DNO (DTNOF) 70 cents, and Genel Energy (GEGYY) which was once a $20 stock can be bought for a dollar. Genel En -
New Kirkuk governor will be decided soon: PUK By Rudaw 23 hours ago Khalid Shwani’s name has been floated as a possible candidate for the post of Kirkuk governor. File photo: Rudaw ERBIL, Kurdistan – A new candidate for the post of Kirkuk governor has been floated by the Patriotic Union of Kurdistan (PUK) as the province remains in political limbo and objections were raised about the PUK’s first nominee. The PUK and KDP expect to reach an agreement on the candidate soon. “The position of Kirkuk’s governor is for the Kurds and it’s the -
Barzani to Mattis: Referendum will go ahead if 'stronger alternative’ not offered By Rudaw 16 hours ago President Masoud Barzani receives The US Secretary of Defense James Mattis in Erbil on August 22, 2017. Photo: Rudaw ERBIL, Kurdistan Region – President Masoud Barzani told US Secretary of Defense James Mattis the referendum will go ahead unless a stronger alternative is offered, but that Erbil will continue dialogue with Baghdad with the objective of becoming “two good neighbours,” according to a sta
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ISIS executes 6 Iraqi former officers by firing squad in Mosul By Abdelhak Mamoun - Jul 8, 2015 (IraqiNews.com) According to a local source in Nineveh province, the so-called Islamic state in Iraq and Syria (ISIS) executed six officers of the former Iraqi army after detaining them in the city of Mosul (405 km north of Baghdad). The source said in an interview for IraqiNews.com: “ISIS has executed at noon today six former officers of the Second Division of the Iraqi army, after a year of their arrest in the city of Mosul,” indicating that, “the execution process took place -
http://www.thenational.ae/business/markets/end-of-a-long-process-nears-as-chief-predicts-bright-future More will start to come out with the ESX, just wanted the forum to be ahead of the curve. There is an isx section. Could the name of that either be changed to isx/ESX or a seperate ESX section added? I have attached the above article to start things off Thanks!
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Hey everyone, Happy Wednesday! I’m sure you’ve all noticed, but there’s a LOT going on in the news regarding oil, Kurdistan, Erbil… this is ALL good for progress on the HCL, which I mentioned last week (and the week before I believe!). Example: http://iqd.me/l/v-t0 With that said, most of what I want to say will be answered in the weekly dinar questions… so here we go! Hey eburt - that's been floating around for a while now on various news channels. The opposite has also been making the rounds... I don't see any reason to worry about it any more than any other
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TAQA holds 39,9%, Shamaran 20,1% and Marathon 15%, KRG has 25% of the field. Abu Dhabi's TAQA to invest $1.2bn in Kurdistan oil field By Reuters Monday, 20 January 2014 7:25 PM Abu Dhabi National Energy Company (Taqa) plans to invest about $1.2 billion developing the Atrush oil and gas block in the autonomous Kurdistan region, the head of Taqa's Iraq operations said on Monday. Taqa, which is majority owned by the government of Abu Dhabi, won approval from the Kurdistan Regional Government (KRG) to develop the block in late 2013. It expects to invest more than $300 million in the first ph
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The Iraqi Oil Ministry reveal send a request to the Ministry of Finance to determine the size reduction of the share of Iraq's Kurdistan - JANUARY 18, 2014 BAGHDAD - Eastern January 18 revealed the Iraqi Oil Ministry to send a formal request to the Ministry of Finance to determine the size of the cut, which should happen in the share of Kurdistan of Iraq and increase of seventeen percent of the federal budget, in the event of the failure of the region to achieve the target level set by the government in Baghdad for oil exports This year, through the Iraqi Oil Marketing Organization SOMO, amou -
Credit Suisse (a leading global financial services company headquartered in Zurich.) has upgraded Genel Energy as a result of what it described as "irreversible progress" towards achieving large scale oil exports via Turkey. Believing that the Iraqi Kurdistan oil play is now lower risk, analyst Thomas Adolff says that progress has been very impressive since 2011 and "we treat recent events - the signing of the energy agreement with Turkey last week - as irreversible progress ... We believe Genel could be the bright-spot again in the UK E&P space in 2014." -
Greetings Friends, Wow, the good news of the Iraqi parliment actually just is becoming regular now! I enjoy reading the Iraq-Business News on a regular basis besides the Positives that Adam keeps bringing us. Today, Dec. 5, 2013 I was happy to read the following: Reuters reports that Baghdad and Erbil appear to have found a formula that will allow Iraqi Kurdistan to export oil to Turkey through a new pipeline. Following a meeting in Baghdad on Sunday with Iraq's Deputy Prime Minister for Energy, Hussain al-Shahristani, Turkey's Energy Minister, Taner Yildiz, said on Tues
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