iraq mapLaunched in Silicon Valley California in 2003, IraqProject.com is a Marketplace and Business Development firm dedicated to the reconstruction and economic development in Iraq.  We bring in together corporations, lending institutions, entrepreneurs, suppliers, and contractors from inside and outside Iraq.
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Poised for Prosperity, Iraq’s Oil will auction up to 6.7 million barre per day by 2023

Released by LT Bill Speaks, COMUSNAVCENT Public Affairs.While its proven oil reserves of 142,503 billion barrels ranks Iraq among top 5 in the work behind Venezuela, Saudi Arabia, Canada and Iran, US Energy Information Administration (EIA) estimates that up to 90-percent of the county remains unexplored due to years of wars and sanctions. Unexplored regions of Iraq could yield an additional 170 billion barrels. Iraq’s oil production costs are among the lowest in the world. However, only about 2,000 wells have been drilled in Iraq, compared to about more than 1 million wells in Texas alone.
Eric J. Fox, is the founder of Brittain Capital Management, claims that Iraq’s ambitious plans to boost oil production are just getting started as the world’s biggest oil companies work on development plans to reinvigorate existing fields and explore in new areas. If Iraq is successful, the country would rival Saudi Arabia and Russia as the one of the largest oil producers in the world.