<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/4b4b77ae-643e-40f7-934f-60e1f78a2a81/D7D24A3D-63D9-4218-8AFB-0C04349E1B92/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.breitbart.com/article.php?id=080808154416.uocmqv78&show_article=1" href="http://www.breitbart.com/article.php?id=080808154416.uocmqv78&show_article=1" style="font-size: 11px;">www.breitbart.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.breitbart.com/article.php?id=080808154416.uocmqv78&show_article=1">Iraq said on Friday it was resuming exploration of its immense oil reserves after a break of nearly 20 years due to crippling UN sanctions, saying it hopes to double its proven deposits of crude. <P> "Today the Iraqi oil ministry celebrates a return to work by Iraqi oil exploration teams after 20 years of interruption," ministry spokesman Assim Jihad told AFP. </P><P> Oil Minister Hussein Hussein al-Shahristani was to attend a ceremony to mark the event at the Al-Garraf field near Nasiriyah, 350 kilometres (220 miles) south of Baghdad, Jihad said. </P><P> He said the ministry would deploy three exploration teams trained abroad in the latest techniques. </P><P> OPEC member Iraq hopes the squads will uncover deposits that will enable it to double its proven oil reserves, currently standing at 115 billion barrels of crude. </P><P> With the dollar strengthening on Friday, crude prices in London slumped below 116 dollars a barrel amid concerns about slower energy demand and as Iraq resumed exploration. </P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/D7D24A3D-63D9-4218-8AFB-0C04349E1B92/blog/" title="blog or email this clip"><img src="http://content6.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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