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1/4 Century: What Was the Oil and Gas Industry Like in the Early 2000s? Part 2

Rextag

As we wrap up the year in December, were taking a moment to reflect on the early 2000s, when the oil and gas industry was booming with bold ideas and big changes. By 2005, analysts predicted the Bakken contained 4.3 billion barrels of recoverable oil , a staggering prospect that set the stage for the U.S.

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Petrel Resources Raises £250,000 for Iraq Oil Projects

Iraq Business News: Oil & Gas

According to a statement from the company, the funds will provide additional working capital, supporting Petrel's efforts to secure new oil and gas projects in Iraq and beyond. Petrel has recently submitted an application to assume an existing contract east of Baghdad 4 th Bid round award in 2012, at a remuneration per barrel of $5.38.

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