"The discovery of a major gas field of up to 12.3 trillion cubic feet
in-place with exceptional flow rates makes this one of the largest gas
fields to be discovered in Iraq," Heritage chief executive officer Tony
Buckingham said. "This well has substantially de-risked the field so we have
the confidence to accelerate the work program on Miran."
Heritage said Miran marked the sixth largest gas field discovered in
Iraq and was worth $2.7 billion. Executives said the well could produce as
much as 100 million cubic feet of gas per day.