Member Info for Invstrat

Looks like a viable option Nightpusher….. could we not meanwhile rent-in some proven energy sector expertise - to kick us off into a solid business strategy and market credibility/stability ?

Diddly Squat ……

You misunderstand me MBZ ….. Reading her CV, she appears to have (Jeremy Clarkson’s farm) experience in our Industry.

Whether ending up as the next Chairperson, or even as CEO - We can all be assured that she has a solid experience and deep knowledge of the World of Energy.

Seems logical - so how does ICG handle this with their IOC contracts outwith Kurdistan ?

Well JR Ewing ran a successfull Oily while exercising his libido ……so what’s the problem with BL ?

Must be something to do with us having a boring Board.

Soon back to penny a share (in old money).

Expecting one of the ruling families to take us out of this misery for a pocketfull of their small change.

Seeking yet another old mate to add to the existing non exec directors are we ?

The BoD have been systematically used and abused - under a seemingly illegal contract - by a bunch of tribals.

What is another snout at our trough going to achieve for us ?

Does the Rafidain Bank understand that they can forget ever seeing that money coming back. Ever.

Any monthly interest payments will be in their dreams.

…….Unless of course the bank is owned by a leading family ;)

The plot thickens.

“way down the list” are we ?

We are the prime source of all monies flowing into the Region - whether from direct export sales or via SOMO.

Where on Earth are our charitable contributions being filtered off to then, one wonders ?

700 B !…. but will it end up (like our missing payments) in the Swizz bank accounts of the few ?

Surely the general population wants the oil to flow so that they can see their miniscule benefit from it ?

“The members of APIKUR will continue to work with the GoI and the KRG to resolve outstanding issues“……….and does anyone know what these are, pray tell ?

Surely these can only be to avoid prosecution and to ensure and increase the wealth of those running the show.

The impasse is being prolonged for a purpose of course.

The peoples of greater Iraq are the losers day by day.

So those in power are protracting things - which we can only conclude - are for personal gains (as usual).

Imagine the signing fees and backhanders which will be arriving into private accounts when we are replaced by major Chinese, Russsian or Indian Oilies ?

How can this be done swiftly and legally - such that the cunning ICG can dispose of us and our disputed, illegal contracts under Erbil - without being dragged through the International Courts ?

Exxon could rather buy us up to fix the embarrassment of their spare cash.

Can some body translate these oxbridge utterances into plane inglish pleeze ?

This para is a bit concerning in the Habshan article:

APIKUR is aware of reports of recent meetings between officials from the Government of Iraq (GoI) and the Kurdistan Regional Government (KRG) and representatives of International Oil Companies (IOCs). However, APIKUR member companies—which represent the majority of the oil produced by IOCs in Kurdistan—have neither been included in these meetings nor been invited to participate in any future meetings between the KRG and GoI.

Wonder who the favoured IOC members were/are ?

Cancelling our contracts and handing over the fields we have developed would certainly avoid having to pay our outstanding bills, and bury all the embarassing goings on that senior politicians seem to have benefitted from.

Correction: Turkey’s $1.5 Billion fine.

Erdogan won’t be inclined to fork out to clear it off.

Who wants what out of this debacle ?

Turkey: Face saving for the polititions involved in exporting Kurd oil. Someone to pay their $1.5 million fine (they are receiving their daily pipeline fee currently).

IOCs operating in Kurdistan: Missed payments + interest. Legal contracts from ICG (similar to the other IOCs operating in the rest of Iraq.

KRG: Face savings to all guilty parties. Oil to flow. Avoid paying the past missed payments to their IOCs

ICG: Face savings for all polititions running the current mess. Minimized remuneration contracts to IOCs currently operating under illegal Erbil contracts in Kurdistan.

Have I missed anything…… ?

Avoid court - Baghdad waited over 5 yrs for their (apparently unenforceable) ‘victory’ over Ankara and their cohorts - the delinquent billionaires rulling over us in Erbil !

What an embarassing shambles, played out on the World stage, for the peoples of Iraq this has become.

If ICG keep paying Ankara the daily pipeline fee for the transporting of fresh air - how long will it take to pay off the Paris fine for them ?