Tag Archives | Kurdamir

WesternZagros Updates on Kurdistan Operations

WesternZagros Resources Ltd. (TSX VENTURE:WZR)  provided an operational update for its drilling operations at Mil Qasim-1 and Kurdamir-2, and the continued ramp up of production from the Sarqala-1 extended well test. Sarqala-1 Extended Well Test Production from the Sarqala-1 extended well test has continued to increase with the addition of tank capacity and the construction […]

WesternZagros Sells First Oil to Market and Provides Drilling Update

WesternZagros Resources has received payment for its first sale of crude oil to the domestic market in the Kurdistan Region of Iraq. First oil production from the Sarqala-1 extended well test was achieved on October 18, 2011, and first lifting occurred by truck on 27th October. "Production start-up marks a new chapter in the Company's […]

WesternZagros's Reports 1,900m Oil and Gas in Kurdamir-1

WesternZagros Resources has announced encouraging results from a recently-completed study of the drill cuttings from its Kurdamir-1 well (pictured) utilizing advanced technology. The study, by Weatherford Laboratories in Houston, confirmed the potential of a gross oil and gas interval over 1,900 metres thick in the Kurdamir-1 well. These results significantly increase the Company's confidence of […]

WesternZagros Announces First Quarter Results

WesternZagros Resources has announced its results for the period ended March 31, 2011, key highlights, and activities to date. On May 31, 2011, WesternZagros made an oil discovery in the Jeribe Formation at the Sarqala-1 exploration well. The Company tested the well at rates up to 9,444 barrels per day of 40 degree API oil. […]

WesternZagros to Target Over 1 Billion BOEs during 2011/2012 Exploration Program

WesternZagros Resources has announced that Sproule International has completed an independent audit of the Company's resource assessment of: the Tertiary Eocene and Cretaceous reservoir intervals of Kurdamir-1; the Jeribe reservoir at Sarqala-1; and the Upper Fars reservoir at Mil Qasim in the Kalar-Bawanoor Block ("Block K44"). This audit, together with the previous audit results of […]

WesternZagros Strikes Oil at Kurdamir - Shares Jump

WesternZagros Resources Ltd. (TSX VENTURE:WZR) has announced successful test results at the Kurdamir-1 well, which proves the existence of an oil column in the Oligocene reservoir. Shares in the company rose more than 14% in early trading. Sproule International Limited. ("Sproule") has completed an independent audit which confirms a 327 metre combined gas and oil […]

WesternZagros 3rd Quarter Results

WesternZagros Resources Ltd. (TSX VENTURE:WZR) has announced its results for the period ended September 30, 2010. On October 14, 2010, the Company safely and successfully completed well control operations at the Kurdamir-1 well, which is WesternZagros' second exploration well in the Kurdistan Region of Iraq ("Kurdistan"). The open hole in the well has been plugged […]

WesternZagros Completes Successful Test at Kurdamir-1 Well

WesternZagros Resources Ltd. (TSX VENTURE:WZR) has announced that it has successfully concluded the first cased hole test of the Lower Oligocene formation in the Kurdamir-1 exploration well. The tested zone was between 2,365 metres and 2,415 metres. The test achieved a maximum flow rate, after acidization, of 18.3 million cubic feet per day of gas […]

WesternZagros Reports on Kurdistan Operations

WesternZagros Resources, the Canadian-listed oil and gas exploration company with operations in Iraqi Kurdistan, reported on its operations this morning. The TSX market has not yet opened, but shares in WesternZagros have risen 50% over the past week. The text of the company's statement follows:

WesternZagros Update on Kurdamir-1 Operations

WesternZagros Resources Ltd has successfully retrieved the upper 450 metres portion of the parted drill string at the Kurdamir-1 well. Following thorough testing of the blow-out preventers, snubbing operations are now underway to recover the remaining 2,400 metres of drill string. This operation is expected to take approximately 20 days. Total costs of Kurdamir-1 to […]