Pearl Petroleum to Expand in Iraqi Kurdistan

Pearl Petroleum to Expand in Iraqi Kurdistan

Pearl Petroleum plans to increase its investments in the Kurdistan Region of Iraq (KRI), according to Patrick Allman-Ward, Dana Gas CEO, Reuters reported.

The investment funds will include bank debt and bond issuance of around $300-400 million.

Pearl Petroleum is a consortium that its majority is owned by Dana Gas and its affiliate Crescent Petroleum.

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