The Rising Influence of Rising Affluence

[OakesCS]

I think something may have been lost in translation betw Tehran and NYC.

sounds like it might be an additional 22 B bbls on top of an already identified 31 B bbls “in the region”

in addition, it’s not clear if there is 80 m of payzone or if the reservoir is 80 m deep. If it was 80 m deep, and given where it is, they would’ve been drilling thru it for decades so it could hardly be a discovery.

The oil guy in the article below appears to indicate a 10% recovery which sounds more like very heavy oil and very misleading news that seems to have been gobbled up with gusto by (fake news 8^) ) media

https://www.google.com/amp/s/www.express.co.uk/news/world/1202850/Iran-news-oil-field-US-sanctions-Donald-Trump-President-Hassan-Rouhani/amp