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Iraq: Heavy Oil Prospect Resource Put at 1.2 Billion BBL
Jul. 26, 2011 06:40PM PST
Resource Investing
Oil and Gas Journal reports that Sonoro Energy Ltd. reports that consultants estimated a 1.233 billion bbl of heavy oil from the North Salah ad Din prospect in northern Iraq.
Oil and Gas Journal reports that Sonoro Energy Ltd. reports that consultants estimated a 1.233 billion bbl of heavy oil from the North Salah ad Din prospect in northern Iraq.
The market news is quoted as saying:
Sonoro has 70% working interest in the Salah ad Din license, 175 miles north-northwest of Baghdad, and Berkeley Petroleum Mesopotamia Asphalts Ltd. has 30%.
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