Welcome To The WesternZagros Resources Ltd HUB On AGORACOM
Edit this title from the Fast Facts Section
  • Demo Video
  • Private Messages
  • Edit My Profile
  • View/Edit Portfolio

AGORACOM News Flash

AGORACOM WIRE - FRIDAY MAY 25TH, 2012

FOCUS METALS (TSXV:FMS) Changes Its Name to Focus Graphite Inc.

  • Aim to develop and manufacture the best technology graphite in the world
  • Additional shareholder value will come from investment in commercialized graphene through joint venture partner, Grafoid Inc.

Read More   |   *SPONSOR

INTERNATIONAL PBX VENTURES (TSX:PBX) Signs Copaquire Joint Venture Option Agreement - $90M Potential Payment Read More

AGORACOM Maintenance Alert: Friday Evening Downtime for About an Hour Read More

LOMIKO METALS (TSXV:LMR) Graphite and Zinc Price Outlook is Favourable Through 2013  Read More   |   *SPONSOR

 

 

Message: NR 9000+ bpd......

Generic_profile
Rank: [?]
President
Points: [?]
16277
Rating: [?]
Votes: 83 Score: 3.6
  • Currently 3.7/5 Stars.
Did you know? You can earn activity points by filling your profile with information about yourself (what city you live in, your favorite team, blogs etc.

NR 9000+ bpd......

posted on Jun 07, 11 09:13AM

Jun. 7, 2011 (Marketwire) --

CALGARY, ALBERTA -- (Marketwire) -- 06/07/11 --

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 successfully completed the initial testing of the oil discovery made in the Jeribe Formation of the Sarqala-1 well. The Company tested the well at rates up to 9,444 barrels per day of 40 degrees API oil. This rate was reached after flowing and stabilizing the well at progressively bigger choke sizes until reaching the limits of the surface equipment. The final rate was achieved on a 52/64" choke with a wellhead pressure of 2,475 psi. No water was produced during this initial testing program. No stimulation was applied to the well, however, there remains the potential to do so at a later date.

Commenting on the test results, WesternZagros Chief Executive Officer Simon Hatfield said, "With this confirmation of a large oil discovery, our immediate efforts will be directed toward sourcing surface facilities to start producing oil during an extended testing program. We will do this in order to fully evaluate the long term potential of this well and to generate revenue for the Company and for Kurdistan as early as the end of the year."

New Message

Please login to post a reply

AGORACOM Quick Tips

AGORACOM Twitter. Follow our small but powerful market tips .. Follow and Prosper

President's D.D.

New feature: Hub Presidents can add important links here.

Hub Leaders