WesternZagros Resources Ltd. has completed the remediation work at its Sarqala-1 producing oil well and is preparing to test the promising Shiranish reservoir in the Kurdamir-2 well. WesternZagros also continues to actively cooperate with the Kurdistan Regional Government ("KRG") in the effort to assign the third party participant interest ("TPPI") within the Garmian Block.
The workover of the subsurface valve at Sarqala-1 has been completed. The well is ready to resume production when the KRG issues the tenth oil sales contract since production commenced in late October, 2011. Prior to taking the well off-line for the repair, it had been producing approximately 5,000 barrels of light oil per day.
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