OTCPK:WSRLF - Post by User
Post by
jb52on Feb 23, 2010 9:52am
402 Views
Post# 16810172
this is really encouraging news
this is really encouraging newsfrom release...
"As of March 31, 2009, the Company's best estimate of gross unrisked prospective oil resources in Block 44 was 2.4 billion barrels. This estimate was audited by Sproule International Ltd. The resource estimate was completed after WesternZagros updated its inventory of prospects and leads, following the completion of its seismic program in 2008. See WesternZagros' Material Change Report dated May 11, 2009 available at
www.sedar.com."
"WesternZagros completed a resource assessment on the Kurdamir-1 discovery, which was audited by Sproule International Ltd. As at November 23, 2009, the estimated range of gross unrisked contingent resources is from 379 billion cubic feet to 696 billion cubic feet of gas and from 13 million barrels to 32 million barrels of condensate. The contingent resources estimate was assigned across the crest of the Kurdamir structure down to a depth of 2,312 metres, which is the lowest known gas in the Kurdamir-1 wellbore as determined by wireline logs. Sproule International Ltd. also audited an assessment of the prospective resources on the flanks of the structure. See WesternZagros' Material Change Report dated November 25, 2009 available at
www.sedar.com