Middle East Economic Survey

VOL. XLIX

No 23

5-Jun-2006

IRAQ

Canadas Western Oil Sands Signs EPSA With Kurdish Regional Government

Canadas Western Oil Sands announced on 30 May that its wholly-owned subsidiary WesternZagros had approved entering into an exploration and production-sharing agreement (EPSA) dated 4 May with the Kurdistan regional government in Sulaymaniyah. The agreement will become effective when it is passed into law which is expected to occur in the coming months, Western said....