Middle East Economic Survey

VOL. L

No 38

17-September-2007

IRAQ

KRG Signs PSC For Dohuk Area With Hunt Oil As Baghdad Protests

The Kurdistan Regional Government (KRG) on 8 September announced it had signed a production sharing contract (PSC) covering oil exploration in the Dohuk area with Texas-based Hunt Oil (operator) and Impulse Energy Corporation. The PSC is the first to be signed since the KRG passed its own hydrocarbon law in August (MEES, 13 August). Hunt will begin geological...