March 10, 2010, 9:40 CET
MOL makes discovery in Iraq
Hungarian oil and gas company MOL on Tuesday said it had a made a discovery in a block in Iraq.
MOL is evaluating a promising result from a test at a well in the Akri-Bijeel Block in the Kurdistan Region. MOL plans another exploration well in the block at the end of 2010.
MOL's wholly-owned unit Kalegran signed a production-sharing contract with the Kurdistan Regional Government of Iraq on exploring the Akri-Bijeel Block in 2007. MOL has an 80pc share of the block and Gulf Keystone Petroleum International a 20pc share.
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What did they find down in that well?
The well hidden democracy for iraqis, kurds and hungarians?
Thanks a bunch, Moll!
(sheit im soooo phunny)
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