Bids are far from what Iraq has asked for in the Kirkuk area. Bids in this area are under discussion in cabinet.
These are fields in or close to the Kurdish area; there are strong fears of trouble, and bidders may not think the gamble is worth it.

Of the some 48 billion barrels of reserves open to the bidders in the first auction, the terms on the Rumala field with 18 billion barrels (and enough wells already drilled so estimates are good) were agreed on. This represents 37% of the reserves in the first offering, and is a good start.

Bids on some other fields are in the dickering stage.