Last C$0.40 CAD
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Volume 12.4K
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As of 1:58 PM 02/27/15 All times are local (Market data is delayed by at least 15 minutes).

westernzagros resources ltd (WZR) Snapshot

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52 Week High
07/8/14 - C$1.28
52 Week Low
02/24/15 - C$0.37
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westernzagros resources ltd (WZR) Details

WesternZagros Resources Ltd. is engaged in the acquisition, exploration, development, and production of crude oil and natural gas in Iraq. It holds 40% interests in the Garmian production sharing contract (PSC) covering approximately 1,780 square kilometers; and the Kurdamir PSC covering approximately 340 square kilometers in the Kurdistan Region of Iraq. The company was founded in 2003 and is headquartered in Calgary, Canada.

600 Employees
Last Reported Date: 09/3/14
Founded in 2003

westernzagros resources ltd (WZR) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: C$340.0K
Chief Financial Officer
Total Annual Compensation: C$240.0K
Compensation as of Fiscal Year 2013.

westernzagros resources ltd (WZR) Key Developments

WesternZagros Resources Ltd. Announces Resignation of John Howland as Board of Directors

WesternZagros Resources Ltd. announced that John Howland has resigned from its board of directors due to unforeseen personal circumstances. Mr. Howland joined the Board of WesternZagros in March 2013 as an appointee of Crest Energy International LLC following Crest's second strategic investment pursuant to the terms of an investment agreement between WesternZagros and Crest dated March 10, 2013, as amended.

Westernzagros Resources Ltd. Presents at TD Securities London Energy Conference 2015, Jan-13-2015 12:45 PM

Westernzagros Resources Ltd. Presents at TD Securities London Energy Conference 2015, Jan-13-2015 12:45 PM. Venue: Grosvenor House, A JW Marriott Hotel, Park Lane, London, United Kingdom. Speakers: Malcolm Simon Hatfield, Chief Executive Officer and Director.

Westernzagros Resources Ltd. Provides Kurdamir and Garmian Update

Westernzagros Resources Ltd. announced that it has been informed by its co-venturer and operator, Talisman (Block K44) B.V. that the Kurdistan Regional Government has requested changes to the Kurdamir Development Plan that was submitted on August 31, 2014. WesternZagros and Talisman plan additional consultation with the Ministry of Natural Resources of the KRG to refine the development plan. During this review period, operations on the Kurdamir Block and the drilling of the Kurdamir-4 well will be deferred. Future drilling plans will align with the redefined development plan once approved by the KRG. On the Garmian Block, the rig that performed the successful Sarqala-1 workover has been moved to the Hasira-1 well where preparations are underway to test the light oil discovery in the Mio-Oligocene reservoir. Results are expected in December. Following a successful test, the Hasira-1 well will be tied-in to the existing production facility. Activities are also underway to increase the process capacity of this facility to 15,000 barrels per day. WesternZagros is making good progress in discussions with the KRG on the Garmian Development Plan submitted in June, 2014.


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