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Recent oil discoveries made in Iraq   Join our daily free Newsletter

MENAFN - 13/06/2007
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(MENAFN) An oil researcher in Iraq said that Iraq has approximately 530 geological complexes of potential oil reserves and that up to one hundred and fifteen sites have recently been drilled for that have reserves of around 3,111 billion barrels of oil, Iraq Directory reported.

He went on to say that in addition to this 415 locations which are yet to be explored are thought to have an estimate of around 215 billion barrels.

It is noteworthy that the central oil rich provinces in Iraq are mainly in Kirkuk and Basrah and Basrah possesses Iraq's largest oil reserves.


 




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