About Sarqala-1
Saraqala-1 is located in the southern portion of the PSC area. WesternZagros spudded the Sarqala-1 well in 2008 and drilled it to a total depth of 4,357 metres. It was suspended in early 2009. While numerous oil and gas shows were encountered, the wellbore conditions encountered did not allow the Company to test the well nor penetrate all the reservoir targets. The Company is evaluating the potential to re-enter this well in order to test the Jeribe reservoir.
About Mil Qasim
Mil Qasim is an anticline defined from seismic data, the crest of which lies approximately three kilometres from the Sarqala-1 well. Target reservoirs are Upper Fars sandstones, which are anticipated to be oil bearing. Testing this prospect would require a well to be drilled to a proposed total depth of 2,400 metres, penetrating known and less complex geological formations than those penetrated at either Sarqala or Kurdamir.
About Qulijan
Qulijan is a prospect located close to the Kurdamir-1 discovery well. It is an anticlinal structure with upside potential dependent on fault seal against the fault that separates it from Kurdamir. Similar to Kurdamir-1, the targeted reservoir is located in the Oligocene formation. Testing this prospect will require a well targeted to a depth of approximately 3,800 metres.
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