Jeff

  In Jeff 

The news that’s coming out is finally getting better and it’s really what we’re looking for…In Iraq the citizens technically own the oil. They’re entitled to a percentage of the profits and proceeds from oil…Iraq’s already had their oil and gas law drafted clear since 2005…what it’s waiting on is the rate change. They cannot implement the oil and gas law…until the rate changes…it will be just like the country of Kuwait or the state of Alaska…they will get oil wealth. Article: “Iraq is preparing to pass a law to regulate oil and gas wealth.” This is huge…they’re telling you they’re bringing this forth now so it’s going to be in the 21 budget.