The Shewashan field is located on the Khalakan block in the Kurdistan Region of Iraq, around 75 kilometres southeast of Erbil. The licence is operated by Gas Plus Khalakan, a joint venture between NewAge, Range Resources and Black Gold Khalakan. The light oil field (45°API) was discovered with the Shewashan-1 exploration well in Q4 2014 and the operator's field development plan was approved in Q3 2015. Phase one will have a capacity of 10,000 b/d with an early processing facility and three development wells. Production is expected to be brought onstream in 2016, and ramp-up to 10,000 b/d in 2017. We assume that capacity will be expanded to 25,000 b/d by 2018.