Our focus is in Southern Iraq working with national government entities to create value around upstream assets. We believe a mid-size, nimble production company can achieve high end results by employing techniques used in other oil producing regions.
Our focus is to use our established marketing franchise as a sound business model to promote a joint profit sharing agreement driving towards an initial production target of 30,000 boed (barrels of oil equivalent per day). This is achievable by redeveloping smaller production assets under employed by the majors.
By building a leading indigenous Iraqi oil and gas exploration and production company using international standards for banking, contracting locally with a legal framework, we aim to deliver quickly and efficiently. All with an ultimate view to list on the Baghdad Stock Exchange.
This is a true vision of value creation that has long lasting benefits to the Iraqi people through share ownership promotion.