Hunt Oil joins APIKUR
October 22, 2023
• Hunt Oil Middle East Limited becomes the sixth International Oil Company joining the Association of the Petroleum Industry of Kurdistan
• Since 2007, U.S.-based Hunt Oil Middle East has explored and produced oil in Iraq’s Kurdistan Region
APIKUR welcomes Hunt Oil Middle East as its sixth member. Hunt Oil is one of the largest privately held companies in the United States with significant investments in the Middle East, including the Kurdistan Region of Iraq, where it has been operating since 2007.
Collectively, APIKUR members produce about 50 percent of all oil in Iraq’s Kurdistan Region.
According to the Kurdistan Region Government’s Ministry of Natural Resources, Hunt Oil’s workforce is 81 percent locally hired—including 87 percent of its technical talent.
Throughout its history, Hunt has drilled wells on every continent except Antarctica.
Since being established in February 2023, APIKUR has promoted Kurdistan as a destination for exploration and production companies, service providers, and investors. APIKUR advocates, publicly and privately, for the common interests of its members.
“APIKUR’s voice is stronger with the addition of Hunt Oil Middle East,” said Myles B. Caggins III, APIKUR spokesman. “All APIKUR member companies share the same goal of resuming full oil production for the benefit of stakeholders, employees, and the economy of Iraq.”
APIKUR members encourage all parties to reach a commercial resolution that preserves their contractual rights and enhances the future investment climate of Iraq and the Kurdistan Region.
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APIKUR’s objective and purpose is to promote the KRI as an attractive destination for international oil and gas companies, service providers and investors. In addition, APIKUR aims to advocate for and represent the common interests of its Members, function as a joint and effective voice towards all relevant stakeholders whether in the KRI, or elsewhere, and provide a forum for its Members to share appropriate public industry information and best practices. APIKUR is a Company Limited by Guarantee established under English law.
For more information, visit www.apikur.uk
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