| SummaryKurdistan upstream oil and gas fiscal regime | | | | - The report provides information on the latest fiscal |
| report is an essential source for information related to | | | | terms applicable in the country's upstream industry. |
| the upstream fiscal system enacted in Kurdistan's oil | | | | These range from exploration obligations, |
| and gas industry. This report contains information | | | | relinquishments to royalties and taxes. |
| related to various types of payments that are to be | | | | - Deductions, depreciation and amortization related |
| made by any oil and gas producing company to the | | | | information is also covered in the report. |
| host government. The report provides the most recent | | | | - Covers sample cash flows and the methodology to |
| laws and tax policies in the country. Each fiscal report | | | | apply a fiscal system on an oil and gas field in the |
| is supported by a fully editable and interactive Excel | | | | country. |
| model, where all the fiscal terms are applied on a | | | | - Base asset valuation with government take, |
| hypothetical base asset. This interactive Excel model, | | | | contractor take, gross revenue split is provided in the |
| with the latest fiscal term information, is the most | | | | report. |
| appropriate tool to evaluate the profitability of operating | | | | - Sample asset NPV sensitivities to discount rates are |
| oil and gas fields under the country's fiscal environment. | | | | also provided in the report. |
| Scope | | | | - Interactive Excel models can be used to derive |
| - The report provides detailed information on governing | | | | valuations, sensitivities and cash flows based on the |
| laws, licensing authorities, type of contracts and | | | | custom inputs by the user in the model. These custom |
| licensing information in country's upstream oil and gas | | | | inputs vary from field production data, cost information, |
| industry. | | | | price information and fiscal terms information. |