Are they planing to buy into a block somewhere else in region, but outside kurdistan?
Financed by a loan with atrush as security?
"28/1 GMT 10.41 ShaMaran Petroleum Corp - SNM:TSX-V - SNM:OMX
Also it might be added that it´s not a bad idea to divest your interests from a region with huge
political and ethnical problems, that frankly many thought by now would have been further down
the path to being somewhat resolved.. No matter how big the potential reserves might be. A comparison of sorts can be made to Tanganyika Oil...
Simply put the company has long since realized the risk of relying entirely on one region..
In this a typical Lundin strategy. Again TAQA is the perfect partner in Kurdistan. "