More than a year and a half after yours truly broke the story for Mother Jones, earlier this month the New York Times finally saw (Ret.) General Jay Garner's Iraqi oil profiteering 'fit to print.' Garner is mentioned along with Zalmay Khalilzad and Peter Galbraith as "among
a growing list of former American diplomats and military officials now
chasing business opportunities in the oil-rich Kurdish region or acting
as advisers to its government."
Garner: "sits on the advisory board of
Vast Exploration,
a Calgary-based company prospecting for oil in an area of the region
known as Qara Dagh, where drilling started in May.
"On the seventh
anniversary of Mr. Hussein’s fall, in April, General
Garner flew to the Kurdish region on a chartered plane accompanied by
oil analysts and executives. The visit included meetings with Kurdish
leaders and a camping trip to Qara Dagh."
The Times didn't mention that Garner is also an advisor to Forbes & Manhattan,
the Toronto-based merchant bank headed by Stan Bharti that manages Vast
Exploration. Thanks to Garner's Iraqi ties, another member of the
F&M group of companies that won an oil block in the Kurdistan Region
is Longford Energy.
Both Bharti and Canada's former Foreign Minister Pierre Pettigrew, who
sits on both the Vast and Longford boards of directors, accompanied
Garner to the Kurdish region last April.
It's worth mentioning that Vast shares the Qara Dagh block with the KRG and two other Canadian companies, Niko Resources and Groundstar Resources. In June, two Groundstar executives were penalized for insider trading "relating to a significant oil and gas production sharing contract involving Groundstar and Vast Exploration."
The same day that the Times article appeared, KRG President Massoud Barzani met with Canada's ambassador to Iraq, Margaret Huber, whereupon he "praised...
efforts made by the Canadian ambassador to Iraq in developing relations
with Kurdistan, expressing the region’s readiness to develop and expand
these relations, according to a presidential statement."
The next day, a fire consumed the Soma Hotel in the oil boom town of Sulaimaniyah. Eight employees of Alberta-based Terraseis, "one of the fastest growing providers of geophysical data acquisition services to international exploration and production companies in" Iraq, including one Canadian, were killed. At the time, they were working on a contract for Calgary-based Talisman Energy.