Dallas Oil Company Signs Deal With Kurds

[cal04]

Texas' Hunt Oil Co. and Kurdistan's regional government said Saturday they've signed a production-sharing contract for petroleum exploration in northern Iraq, the first such deal since the Kurds passed their own oil and gas law in August.

A Hunt subsidiary, Hunt Oil Co. of the Kurdistan Region, will begin geological survey and seismic work by the end of 2007 and hopes to drill an exploration well in 2008, the parties said in a news release. Terms of the deal were not disclosed.

Hunt is a privately held independent oil company based in Dallas. A third partner, Impulse Energy Corp., also has a stake in the project.

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"We're very pleased to have the opportunity to be a part of these landmark events by actively participating in the establishment of the petroleum industry," Ray L. Hunt, Hunt's CEO, said in a statement.

http://news.yahoo.com/s/ap/20070908/ap_on_re_us/hunt_oil_kurds_1


Hunt was appointed in October 2001 by President George Walker Bush to the President's Foreign Intelligence Advisory Board.
Hunt joined the Halliburton Company Board in 1998. He is Chairman of the Compensation Committee and member of the Audit and the Management Oversight Committees. He also serves as a member of the boards of directors of PepsiCo, Inc., King Ranch, Inc., Electronic Data Systems Corporation, the Federal Reserve Bank of Dallas, and Security Capital Group Incorporated.
http://www.sourcewatch.org/index.php?title=Ray_L._Hunt

Hunt was appointed by President George W. Bush to the President’s Foreign Intelligence Advisory Board in October 2001 and again in January 2006. He is immediate past chairman of the board of the Federal Reserve Bank of Dallas. He is a member of the National Petroleum Council (an industry advisory organization to the Secretary of Energy) and served as its chairman from June 1991 to July 1994.
http://www.eds.com/about/board/hunt.aspx

He is also a director of Halliburton Company
http://www.forbes.com/finance/mktguideapps/personinfo/FromPersonIdPersonTearsheet.jhtml?passedPersonId=937272

[drdtroit]

1. And so it begins. n/t

[whistle]

2. Will BP and Shell begin bombing those oil fields now?

[movonne]

3. It looks like they own us....oil companies will be the next president

of the U.S.

[flashl]

4. It just one of the most under reported stories: Texas oil lottery and U.S. Treasury

Just google sugarland+oil+russian, sugarland+taliban, sugarland+unocal and start reading.