Iraq: Heavy Oil Prospect Resource Put at 1.2 Billion BBL

Oil and Gas 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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