Developments are likely to go ahead, all right--if violence does not go up. Certainly in "Kurdistan", if nowhere else, there will be increasing development. The Kurds already have quite a few separate contracts with oil firms--against the wishes of the "national" government.

But as to whether there will ever be an "Iraq" petroleum law, that's questionable. So we would see the continuing de facto breakup of Iraq--which was an extremely artificial entity to begin with.