OTCPK:WSRLF - Post by User
Comment by
Oil_investoron Sep 25, 2009 3:35am
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Post# 16337597
RE: Target Date
RE: Target DateFirst they said that the drilling should hit in October, but it has been a little bit delayed to November.
https://cnrp.ccnmatthews.com/client/westernzagros/release.jsp?actionFor=1027724
AUG 7, 2009 - 18:47 ET
WesternZagros Announces 2009 Second Quarter Results
CALGARY, ALBERTA--(Marketwire - Aug. 7, 2009) -
NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
WesternZagros Resources Ltd. ("WesternZagros" or the "Company") (TSX VENTURE:WZR) is pleased to report its results for the three and six month period ended June 30, 2009. Key highlights and activities to date include:
- WesternZagros spudded its second well, Kurdamir-1, in the Kurdistan Region of Iraq on May 11, 2009. Drilling progress has been close to the original schedule and the well is currently drilling below 2,100 metres in the Lower Fars Formation. Total depth for Kurdamir-1 is planned to be approximately 4,000 metres which is expected to be reached in November 2009. Testing, if required, would occur subsequent to that date.
- As at June 30, 2009, WesternZagros had $97.3 million in cash and cash equivalents.
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