Tag Archives | Kurdamir

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 […]