OTCPK:WSRLF - Post by User
Comment by
tradebait2on Oct 20, 2011 7:56pm
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Post# 19168654
RE: RE: Who is the contractor?
RE: RE: Who is the contractor?NEWS RELEASES
MAY 26, 2011 - 02:01 ET Provides Operational Update
CALGARY, ALBERTA--(Marketwire - May 26, 2011) -NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR DISSEMINATION IN THE UNITED STATES
WesternZagros Resources Ltd. (TSX VENTURE:WZR) ("WesternZagros" or "the Company") has secured the 2,000 HP Viking Drilling Rig #10 through a contract with Maritas Co., a subsidiary of Viking Services of the United States, to drill the Mil Qasim-1 well. The additional horsepower of this rig provides increased optionality for drilling future prospects. The Viking Rig #10 is being mobilized for WesternZagros following drilling and testing of General Exploration Partners, Inc.'s Atrush-1 discovery in Northern Kurdistan. The Mil Qasim-1 well site construction is near completion with the anticipated spud date of the well in July 2011.
Testing of the Sarqala-1 well is delayed due to the requirement to replace production tubing, found to be defective despite recent third party inspection. Simon Hatfield, CEO of WesternZagros, commented, "While we are frustrated by the delay, such operational problems are a recognized risk and we remain committed to upholding internationally recognized safety standards and adhering to strict quality control guidelines to ensure well integrity. We look forward to reporting to stakeholders on the oil potential of the Jeribe reservoir in due course."
Had to do a little digging, but here you go.
GLTA