WesternZagros Resumes Operations
17.09.2014 | Marketwired
CALGARY, ALBERTA -- (Marketwired - Sept. 17, 2014) - WesternZagros Resources Ltd. (TSX VENTURE:WZR) ("WesternZagros" or "the Company") has resumed field operations on the Garmian and Kurdamir blocks following the stabilization of industry conditions and the return of third party oil field services in the Kurdistan Region of Iraq. In August, following consultation with the Ministry of Natural Resources of the Kurdistan Regional Government, the Company undertook the precautionary step of withdrawing non-essential personnel from field locations and company regional offices. WesternZagros's primary operating consideration is always the safety and welfare of our staff. The Company's operations in the Region remain safe and secure."We now look forward to completing the Sarqala-1 workover, the testing of Hasira-1, and the further development of the existing production facilities on the Garmian Block. On the Kurdamir Block, following the submission of the Development Plan on August 31, 2014 we look forward to spudding our first horizontal well at Kurdamir-4," said Simon Hatfield, WesternZagros's Chief Executive Officer.
About WesternZagros Resources Ltd.
WesternZagros is an international natural resources company focused on acquiring properties and exploring for, developing and producing crude oil and natural gas in Iraq. WesternZagros, through its wholly-owned subsidiaries, holds a 40 percent working interest in two Production Sharing Contracts with the Kurdistan Regional Government in the Kurdistan Region of Iraq. WesternZagros's shares trade in Canada on the TSX Venture Exchange under the symbol "WZR".
NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
WESTERNZAGROS RESOURCES WAS RECOGNIZED AS A TSX VENTURE 50® COMPANY IN 2012 AND 2013. TSX VENTURE 50 IS A TRADE-MARK OF TSX INC. AND IS USED UNDER LICENSE.
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
CONTACT INFORMATION
WesternZagros Resources Ltd.
Greg Stevenson, Chief Financial Officer
(403) 693-7007
Tony Kraljic, VP Business Development
(403) 693-7011
Lisa Harriman, Manager of Investor Relations
(403) 693-7017
investorrelations@westernzagros.com
www.westernzagros.com
Smithfield Group
John Kiely
+44 (0) 20 7360 4900
jkiely@smithfieldgroup.com
Smithfield Group
Brett Jacobs
+44 (0) 20 7360 4900
bjacobs@smithfieldgroup.com
Smithfield Group
James McFarlane
+44 (0) 20 7360 4900
jmcfarlane@smithfieldgroup.com
