Tag Archives | Kurdamir

WesternZagros Starts Garmian Drilling

By John Lee. WesternZagros Resources has announced that it has started its latest Garmian Block drilling program in the Kurdistan Region of Iraq. The Mil Qasim Upper Bakhtiari-1 well was spudded on May 19, 2013. This is the first of a planned three-well program to test the potential of the shallow Upper Bakhtiari Formation. With […]

WesternZagros Announces Final Results

WesternZagros Resources today announced its operating and financial results for the year end ended December 31, 2012, and additional key highlights and activities to date. With tremendous exploration success and solid operational execution in 2012, WesternZagros moved well ahead on its mission to be recognized as one of the leading junior oil and gas companies […]

WesternZagros Spuds Kurdamir-3

WesternZagros Resources has spudded the latest well of its extensive exploration and appraisal program in the Kurdistan Region of Iraq. Drilling began on the Kurdamir-3 appraisal well on the Kurdamir Block on February 22, 2013. 3D seismic surveys are also underway on both the Kurdamir and Garmian Blocks, and preparations are progressing for the three […]

WesternZagros Revises Resource Estimates

WesternZagros Resources has conducted further analysis of the results from the Kurdamir-2 well and provides a revision of its resource estimates for the Oligocene reservoir in the Kurdamir Block, as well as an update for the adjacent Oligocene reservoir in the Baram prospect on the Garmian Block. On the Baram prospect, the total mean estimate […]

WesternZagros Completes Successful Oil Test at Kurdamir-2

By John Lee. WesternZagros Resources has announced that it and the operator, Talisman, are preparing to complete the Kurdamir-2 well after successfully finishing an additional cased-hole test in the Oligocene Formation (DST#7). The test was conducted over a 24 metres thick interval between depths of 2,528 metres and 2,552 metres. It achieved a stabilized flow […]

WesternZagros' Kurdamir-2 "Exceeds Expectations"

By John Lee. WesternZagros Resources has successfully completed the first of three planned cased-hole tests in the Oligocene Formation of the Kurdamir-2 well in the Kurdistan Region of Iraq. Flow rates of up to 3,450 barrels per day ("bbl/d") of light oil were achieved from the 20 metre perforated interval, the deepest of the planned […]

WesternZagros Confirms Oil in Eocene Reservoir at Kurdamir-2

By John Lee. WesternZagros Resources has successfully completed its testing program in the Eocene reservoir, the second of three target intervals in the Kurdamir-2 exploration well in the Kurdistan Region of Iraq. The testing proved an oil discovery in the naturally fractured limestones of the Eocene Formation. This adds to the previously announced major discovery […]

WesternZagros Suspends Shares Pending Kurdamir Results

By John Lee. WesternZagros Resources has temporarily halted its shares from trading while it prepares a news release with results from the recent casedhole testing of the Eocene Reservoir, the secondary target of the multi-stacked reservoirs drilled by the Kurdamir-2 well in the Kurdistan Region of Iraq. The release will provide the full context around […]

WesternZagros Confirms Oil at Kurdamir-2

By John Lee. WesternZagros has announced that during the post-perforation clean up period of the Eocene testing program, an initial low rate flow of 42 to 45 degrees API oil to surface has been achieved at the Kurdamir-2 exploration well. The Company advises that flow rates and the potential for commerciality cannot be confirmed until […]

WesternZagros Confirms Oil at Kurdamir-2

By John Lee. WesternZagros Resources has completed its testing program in the deepest of the three stacked reservoirs drilled by the Kurdamir-2 exploration well in the Kurdistan Region of Iraq. The testing confirmed an oil discovery in low permeability fractured limestones of the Cretaceous-age, Shiranish Formation, adding to the previously announced major oil discovery in […]

WesternZagros Updates on Kurdistan Operations

By John Lee. WesternZagros Resources has completed the remediation work at its Sarqala-1 producing oil well and is preparing to test the promising Shiranish reservoir in the Kurdamir-2 well. WesternZagros also continues to actively cooperate with the Kurdistan Regional Government ("KRG") in the effort to assign the third party participant interest ("TPPI") within the Garmian […]

Dunia Weekly Iraq Market Tracker

Advertising Feature Iraq Business News is delighted to bring you the latest Iraq Market Tracker report from Dunia Frontier Consultants. The market tracker highlights the activities and market performance of a basket of publicly traded firms who derive a significant percentage of their revenues from operations in Iraq, but are traded on foreign exchanges: a […]