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New Reveues from existing production
Of which, only about 1/5 of the proven reserves are developed.

That leaves 4/5 to be exploited by outsiders - with only token payments to the citizens.



I4 NOW!


Impeach, Indict, Incarcerate, Inject
Bush, Cheney, Gonzalez, Rumsfeld, Rove, Rice
New It doesn't say what the royalities from new production
should be or but the way things have gone for the Iraqis during the war and subsequent occupation doesn't bode well for their getting close to their fair share.
Seamus
Expand Edited by Seamus March 31, 2007, 05:51:45 PM EDT
New You have a vivid imagination
because nothing of the sort is in what you posted.
Too much of today's music is fashionable crap dressed as artistry.Adrian Belew
     Its about the oil - (tuberculosis) - (11)
         ??? Sort of like Alaska? - (bepatient) - (9)
             Sounds more like a record contract - (tuberculosis)
             Re: ??? Sort of like Alaska? - (JayMehaffey) - (2)
                 Not that different from before then - (bepatient) - (1)
                     thats different :-) -NT - (boxley)
             Don't take this the wrong way - (Seamus) - (4)
                 But nothing here says how that is to be done - (bepatient) - (3)
                     Reveues from existing production - (tuberculosis) - (2)
                         It doesn't say what the royalities from new production - (Seamus)
                         You have a vivid imagination - (bepatient)
         There's no guarantee the draft Iraqi oil law will pass. - (Another Scott)

And on drums: The Pope!
70 ms