Petrel Resources - moderated discussion/research part II

YesMaine, I don't think for one minute that the award by the Jordanians of the PSA will affect the IOM's awards on PSA's to PET. Actually, I don't think the IOM has much choice as PET/Itochu/Makman plus the Chinese are the only ones prepared to go into Iraq. It gets better every day.

Bahouse, currently Iraq are second or third largest proven oil reserves in the world. However, due to the limited exploration of Iraq i.e. the Western desert etc, some experts believe that Iraq has probably got the world's largest reserves. It gets better every day.