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'File 5/2 VI Kuwait Neutral Zone' [‎47r] (93/702)

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The record is made up of 1 file (348 folios). It was created in 23 Oct 1948-16 Dec 1949. It was written in English. The original is part of the British Library: India Office The department of the British Government to which the Government of India reported between 1858 and 1947. The successor to the Court of Directors. Records and Private Papers Documents collected in a private capacity. .

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sm-
^.S 968/153V91)
SECRET .
Ministry of ?u#l and Power,
Petroleum DiTision,
7, Millbank,
London,
Idth January, 1949*
Dear Chadwick,
Jfeudl Share or ..eutral 2,oiie.
I write with further reference to ths third paragraph of my
letter of the 17th January. For your information the offers for
a concession covering this area are reported from different
sources to be as follows:*
Company . Initial
payment U.3 .
SoliareJ
Minimum
Annual
Payment .
Royaltx
on
Production.
Peraarka.
American
Independent
Oil Company.
* 7,250,000 ^ 625,000
plus 15% free
shareholding.
# 2.50per ton
plus 7b cents
for tax
exemption.
came terms as
for Kuwait
share of N.2.
Offer may have
been subsequently
increased.
Mr. Slick fl 675,000 * 2.55 per ton. Area said to
(Slick Oil plus 15% free include
Company) / 8,000,000 shareholding. Continental
Shelf. •
h*. • Getty & 10,000,000 / 1,000,000 . 55 cents per b. Area probably
(pacific C.C. plus 25% free (equivalent of also includes
a concern shareholding. ^ 3.35 per ton) Continental
connected Shelf,
with
Tidewater and
Sfrhlly groups)
In addition Weightman (Central Mining cum Superior O.C) has
been negotiating for the Saudi share of the Continental Shelf off
the Neutral Cone 9 the terms of his offer being unknown. It is
probably that his offer is on the basis of a 50% share in the net
profits with a relatively small down payment.
Tours sincerely,
W.L.F. Nuttall.
J. E. Chadwick, Esq.,
Foreign Office.

About this item

Content

This file contains correspondence relating to the operations of oil companies in the Neutral Zone between Saudi Arabia, Kuwait, and Iraq. The correspondence is primarily between British officials, but also includes letters to and from the American Independent Oil Company, and the Kuwait Oil Company. Of note are several agreements, and drafts of agreements relating to the operations of the oil industry in the Neutral Zone and in Kuwait.

Extent and format
1 file (348 folios)
Arrangement

The papers are arranged in approximate chronological order from the front to the rear of the file.

Physical characteristics

Foliation: the foliation sequence for this description commences at the front cover with 1, and terminates at the inside back cover with 351; these numbers are written in pencil, are circled, and are located in the top right corner of the recto The front of a sheet of paper or leaf, often abbreviated to 'r'. side of each folio. An additional foliation sequence is present in parallel; these numbers are also written in pencil, but are not circled.

Written in
English in Latin script
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'File 5/2 VI Kuwait Neutral Zone' [‎47r] (93/702), British Library: India Office Records and Private Papers, IOR/R/15/5/257, in Qatar Digital Library <https://www.qdl.qa/archive/81055/vdc_100060397264.0x00005e> [accessed 29 March 2024]

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