OTCPK:WSRLF - Post by User
Post by
HarrisonFjordon Nov 06, 2009 1:57am
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Post# 16459548
Interesting WZR news release.........
Interesting WZR news release.........Westernzagros Resources Ltd WZR
11/5/2009 12:12:00 PM
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WesternZagros Resources Ltd. (TSX-V: WZR), $0.85, $0.12, 16.44%, is regaining momentum today with a share price increase of over 16%. WZR reached a high today of $0.89. WesternZagros is an international natural resources company engaged in acquiring properties and exploring for, developing and producing crude oil and natural gas. Yesterday the company announced that Kurdamir-1 has reached an intermediate depth of 2,601 meters and has drilled through the Oligocene and Pilaspi/Jaddala reservoir targets in the Tertiary. Combined test results indicated approximately 27.5 million cubic feet per day of gas and 1,172 barrels per day of 61 degrees API natural gas liquids (condensate). Complete details are available on the company's website. WZR through its wholly-owned subsidiaries holds a Production Sharing Contract with the Kurdistan Regional Government in the Kurdistan Region of Iraq.