Tag Archives | Sarqala

WesternZagros Accelerates Oil Production Timeline

WesternZagros Resources has received approval to begin producing its first oil through an extended well test at its Sarqala-1 oil discovery. Drilling at Mil Qasim-1, the Company's third exploration well, is proceeding ahead of schedule. "We are delighted to commence our extended well test at Sarqala-1 sooner than anticipated. The acceleration of the next phase […]

WesternZagros Announces Resources at Sarqala

WesternZagros Resources has announced that Sproule International Limited ("Sproule") has completed an independent audit of the Company's resource assessment for the Jeribe/Upper Dhiban reservoir interval of the Sarqala-1 well. Sarqala-1 is located in the Company's Garmian Block in the Kurdistan Region of Iraq and was drilled on the crest of the Sarqala structure. Consequently, the […]

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 Tests Completed - Large Oil Discovery Confirmed

WesternZagros Resources has announced that it has successfully completed the initial testing of the oil discovery made in the Jeribe Formation of the Sarqala-1 well. The Company tested the well at rates up to 9,444 barrels per day of 40 degrees API oil. This rate was reached after flowing and stabilizing the well at progressively […]

WesternZagros Strikes Oil in Kurdistan - Shares Rocket

Shares in WesternZagros Resources are up 35% on Tuesday following the company's announcement of an oil discovery in the Jeribe Formation at the Sarqala-1 exploration well in the Kurdistan Region of Iraq. The cpmpany says the Jeribe Formation flowed light, 40 degrees API oil at a stabilized rate of 6,000 barrels per day over the […]

WesternZagros to Start Testing at Sarqala

WesternZagros Resources announced this morning that it is preparing to start the planned testing program at the Sarqala-1 well after a successful and incident-free completion of the sidetrack drilling and wireline logging. The sidetrack was drilled through the targeted path in the Jeribe Formation to a total depth of 3,893 metres. Drilling shows and log […]

WesternZagros Begins Drilling Sarqala-1 Sidetrack

WesternZagros Resources has begun drilling the planned sidetrack in the Sarqala-1 well in the Kurdistan Region of Iraq. The Company intends to drill a 100 metre sidetrack from the cased wellbore to test the Jeribe reservoir. Results from the drilling and testing program are anticipated in mid April, 2011. The Company originally drilled Sarqala-1 in […]

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 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 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: