Surprise Oil Find in Iraq

Surprise Oil Find in IraqEnergy — By Tammam Al-Maliky on January 20, 2012 at 1:45 am
Iraq’s Oil Ministry announced on Wednesday that it has discovered a new oil field in the Missan [Maysan] province, and described it as the biggest achivement in 30 years.

According to the report from AKnews, the Iraqi Oil Minister Abdul Kareem Luaibi [Elaibi] told a press conference:

“Iraqi Oil Company and the Southern Oil Companyhave been able to make a big achievement… by finding oil in al-Dima field in Missan province [south east of Baghdad bordering Iran] though the ministry did not expect the discovery of oil in the field.”
Iraqi oil experts struck oil at at depth of 2,300 meter.

The minister added:
“They are now working on estimating the size of the oil reserve in the field before pumping is started.”