Longford Eyes Kurdistan for 'High-Impact' E&P Opportunities

Longford Energy that following the strategic review initiated in the fourth quarter of 2007, management has aggressively pursued and evaluated high impact international exploration and production opportunities that could potentially offer significant upside and shareholder value.

One of the primary focus areas has recently been the Kurdistan region of Iraq under the authority of the Kurdistan Regional Government (KRG). Geologically, the area is a part of the Zagros fold and thrust belt, and is considered to be one of the most prospective, underexplored, hydrocarbon fairways in the world, with prolific oil and gas discoveries including the Kirkuk field with estimated discovered reserves of 25 billion barrels. To date, the Company has not entered into any definitive agreements with the KRG or any independent third parties with regards to potential participation or acquisition of an interest in a concession.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Senior Oracle Functional Analyst
Expertise: Asset Management|IT - SAP / ERP
Location: Houston, TX
 
Area Manager, Colorado
Expertise: Business Development|Construction Manager|Project Management
Location: 81303
 
Manager Gas Supply
Expertise: Asset Management|Business Development|Purchasing
Location: Midland, TX
 
search for more jobs

Brent Crude Oil : $46.65/BBL 1.78%
Light Crude Oil : $44.24/BBL 1.98%
Natural Gas : $3.04/MMBtu 0.33%
Updated in last 24 hours