Word: muntones
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...Iraq's untapped oil reserves total at least 115 billion barrels - the third largest in the world. When fully developed, Iraq's oil industry could significantly boost global crude supplies and even bring down oil prices. Tapping Iraq's oil is an industry event of historic proportions, says Alex Munton, a Middle East analyst at global energy consultancy Wood Mackenzie. "There are very few examples in history you can point to and say, 'A similar thing happened there,' because there really have not been any," he says. After a flurry of initial oil field - development deals were completed in November...
...Dutch Shell, which agreed to produce about 2.3 million barrels a day in another giant field called West Qurna. Combined with BP-CNPC's anticipated output from Rumaila, "those three fields alone would be about 6% of total oil production in the world" when output targets are reached, says Munton, the Wood Mackenzie analyst. (See pictures of the Exxon Valdez disaster...
...future--and so setting a date for U.S. withdrawal. Without it, oil companies are unlikely to plow in the billions of exploration dollars Iraq needs because they will not be certain of the financial terms. "There is an enormous amount of pressure to get this law passed," says Alex Munton, a research analyst for Wood Mackenzie, a global energy consultancy based in Edinburgh. "Big oil companies are looking firstly for legal security before they consider venturing into Iraq--even leaving aside the violence...
Dibblee, l. h. b. r. h. b., Munton...
...Varsity defeated West Point last Saturday by the score of 10 to 0, in a game which, owing to the extreme heat, taxed the endurance of both teams to the utmost. Doucette and Haughton for Harvard and Munton for West Point, were compelled through exhaustion to retire from the field, in favor of Burden, Warren and Humphrey...