Total SA Seeks Investment Opportunities in Kurdistan

Bloomberg reported Total SA (NYSE:TOT) is seeking investment opportunities in Kurdistan.

As quoted in the market news:

The authorities in the semi-autonomous Kurdish region of northern Iraq, home to about 40 percent of the country’s 115 billion barrels of reserves, angered Baghdad by signing a contract with Exxon Mobil Corp. The central government has so far refused to recognize production-sharing agreements between foreign companies and the Kurds.

Click here to read the full Bloomberg report.