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Iraq’s oil minister on Saturday began counting the money even before the first wells were drilled, dubbing the country’s second post-war oil auction a triumph, despite caution from international oil companies.Source: YahooWorld oil players steered largely clear of anything but Iraq’s cheapest and safest of the reserves in the Middle East’s last major oil bonanza.The two-day licensing round, which ended Saturday, saw deals on only seven of the 15 fields on offer. Of those, four were in the stable southern Shiite heartland while two in the north went to the only company that expressed an interest: Angola’s Sonogal. The last was in central Iraq, in a province where violence has remained at a minimum.The auction was key for Iraq. Its international licensing round in June — the first in over three decades — largely failed with only one giant field awarded out of eight offered. The hope was for a better showing this time with deals that could help Iraq rebuild after the 2003 U.S.-led war

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