Kurds announce major oil find Date: Wednesday, May 14 @ 15:04:03 PDT Topic: Geology; Reserves; Oil Fields
Excavators have struck three oil fields with reserves estimated at about 2 billion barrels, Kurdish region’s Oil Minister Ashti Horami said.
The discovery is a signal that the region, currently including three provinces, is rich in oil reserves. The find is tempting for foreign oil firms which are vying to win deals to develop oil fields in the region.
