The Next Oil Boom: Kurdistan
May 24th, 2013
Courtesy of Fortune (subscription required), an interesting article on Kurdistan: A Kurdish government soldier patrols near an oil refinery outside the city of Kirkuk, which is in a heavily disputed area. If you head up the northern highway that cuts through Iraq’s semiautonomous region of Kurdistan, a turnoff to the east leads you into the […]
Read more »Invasion, Insurgency …Investment? Iraq Looks Beyond its Troubled Past
March 12th, 2013
Via Emerging Markets blog, a report on Iraq: For most people, chances are that the mention of Iraq conjures up images of suicide bombs, sectarian strife, and widespread destruction. In the aftermath of the 2003 US-led invasion and Saddam Hussein’s deposition, a power vacuum and simmering Sunni-Shia tensions led to a bloody civil war that […]
Read more »Iraq: Missing The Forest For The IEDs
February 14th, 2013
Via Value Investing Letter, an interesting look at investing in Iraq: Introduction Euphrates Advisors manages the Euphrates Iraq Fund, which applies a contrarian, deep value approach to investing in Iraqi equities. This article is a modified version of the December 2012 Investor Newsletter. It describes our experience in this frontier market in 2012, and highlights […]
Read more »How ExxonMobil’s God Pod Beat Iraq’s Oil Chieftains At Their Own Game
October 27th, 2012
Via Foreign Policy, an interesting look at ExxonMobil’s recent signing of six exploration contracts in Kurdistan: In 2006, an Iraqi technocrat named Tariq Shafiq was charged with crafting an oil law. A Berkeley-trained engineer, he began his career in the 1950s, rising through the consortium of foreign firms that comprised the Iraq Petroleum Company — […]
Read more »OilCo. Nation: Will Oil Companies Provide Kurdistan Its De Facto Statehood?
July 31st, 2012
Courtesy of Foreign Policy’s Oil & Glory blog, an interesting commentary on the lure of Kurdistan for foreign oil companies: Less than a year after the departure of U.S. troops from Iraq, Baghdad is losing a primary lever over independent-minded Kurdistan — its grip on the northern region’s revenue-earning oil industry. Kurdistan’s secret weapon? Foreign […]
Read more »Oil Majors Eye Northern Iraq
February 28th, 2012
Via Forbes, a report on northern Iraq oil opportunities: The Kurdish region of northern Iraq. Image via Wikipedia The Zagros Foothills exploratory play in Kurdistan is the highest potential onshore area in the world, especially to be looking for oil. The drilling results there from the last several years easily justify the high ranking given […]
Read more »Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.