Seeking Alpha

Total (TOT) purchases a minority share in an exploration block in Kurdistan, ignoring threats...

Total (TOT) purchases a minority share in an exploration block in Kurdistan, ignoring threats from the Iraq central government that it would be forced to sell its stake in southern Iraq's Halfaya field if it did not stop dealing with the semi-autonomous region. TOT isn't blinking, since Kurdistan's crude reserves are more plentiful and contract terms more attractive than in the southern part of Iraq.
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)