MESOP BACKGROUNDER : PETER GALBRAITH & HIS MILLIONS FROM THE BARZANI’S

May 1, 2011 – OSLO, — Norwegian oil company DNO said it had resolved a long dispute over former U.S. diplomat Peter Galbraith’s middle-man role in a 2004 Iraqi oil deal by paying damages and legal costs as high as $92 million. That compares to the $55 to $75 million in damages DNO estimated last October it would have to pay Galbraith and a Yemeni firm in an arbitration over money from an oil field in Iraqi Kurdistan that the former diplomat helped line up for DNO. www.mesop.de