Re: WesternZagros Updates Corporate Presentation for the TD Newcrest 2011 London Ene

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Burnhard83

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Re: WesternZagros Updates Corporate Presentation for the TD Newcrest 2011 London Ene

in response to

WesternZagros Updates Corporate Presentation for the TD Newcrest 2011 London Ene

hgs225

posted on Jan 27, 2011 11:57AM

Am I right in saying if and when WZR starts to produce its condensate discovery it will abide by local prices that are determined by the government?

In other words, oil price of Basrah crude being.... +/-2$/bbl would be a good indicator.

Or do IO juniors get to sell their portion of the oil at EU/US rates?? ie 70-90$/bbl...

Bit confused by a comment made by a colleague.

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