Hunt Oil Contract in Kurdistan

(TP) President Bush denied knowledge of the contract, saying that he “knew nothing about the deal” and was “concerned”:

I knew nothing about the deal. I need to know exactly how it happened. To the extent that it does undermine the ability for the government to come up with an oil revenue sharing plan that unifies the country, obviously if it undermines it I’m concerned.

However, the documents released by the Oversight Committee today include ample evidence that officials in the State Department and Commerce Department “knew about Hunt Oil’s interest in the Kurdish region months before the contract was executed”:

– Hunt sent two letters to the President’s Foreign Intelligence Advisory Board “making clear his intentions to pursue oil exploration in Kurdistan.”

– Hunt Oil’s general manager informed the Regional Reconstruction Team (RRT) that “Hunt is expecting to sign an exploration contract,” a warning that was sent to the U.S. Embassy in Baghdad and to the State Department.

– Hunt Oil officials met with the RRT to inquire about U.S. policy towards oil contracts with the KRG, and were told that the “U.S. has no policy, for nor against.”

– In an internal company e-mail, Hunt’s general manager said that there was “no communication” from the State Department that Hunt should not make the deal, despite “ample opportunity to do so.”

This isn’t the first time the Bush administration has helped out the billionaire Hunt. In 2006, a proposed border fence in Texas “abruptly ended” right before Hunt’s property.

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