Mesopotamia Petroleum confirmed out of Iraq drilling venture

ISTANBUL - The head of the state-run Iraqi Drilling Co. said a joint venture with UK-listed Mesopotamia Petroleum Co. is officially over.

Idriss al-Yassiri, director general of the IDC, also told reporters on the sidelines of an energy conference here Friday its 150-well drilling plan for 2010 could contribute a quarter million barrels per day.