Dana Gas announced Sunday, all weighted to be the Khor Mor and Chamchamal fields in the Kurdistan region’s biggest gas fields in Iraq, pointing out that it has maintained the stability of its production in the region.
The report indicated the company to finance its revenue during the second quarter and the first half of 2016, indicating that it has maintained the stability of its production in the region on the basis of two quarters.
The company noted that its share of the total production, which currently stands at 35 percent, which is equal to 26,100 barrels of oil equivalent per day.
He noted the company’s statement that the report “Gaffney Cline and Associates” issued in April of 2016 included reference to the Khor Mor and Chamchamal fields belonging to the company, “Pearl Petroleum Limited” may be the largest gas fields ever in the province of Kurdistan and in Iraq in general.
CEO of Dana Gas, Patrick Elman, said that the situation in Kurdistan and Egypt province led to the decline in the company’s dues in them, pointing out that the company made a profit were estimated seven million US dollars, while the company’s own profit in 2015 amounted to $ 134 million.