WesternZagros Resources Ltd. has started its latest Garmian Block drilling program in the Kurdistan Region of Iraq. The Mil Qasim Upper Bakhtiari-1 well was spudded on May 19, 2013. This is the first of a planned three-well program to test the potential of the shallow Upper Bakhtiari Formation. With the two deeper Hasira-1 and Baram-1 well included, this is also the first of the Company's five well Garmian drilling program planned for 2013.
Simon Hatfield, CEO of WesternZagros commented:"Spudding this well is a key step in testing the Upper Bakhtiari Formation, a new reservoir which exhibited oil shows when we drilled the Mil Qasim-1 well in 2011/2012. Subsequent review of logs and seismic data identified a relatively shallow, low-cost prospect. We are also on track with our higher impact Garmian wells: at Hasira-1 the rig is being assembled for spudding in the next few weeks; and at Baram-1 the site construction is advancing and the rig is being transported for a mid-third quarter spud. Also, at Kurdamir-3 we are making good drilling progress. With four active rigs, 2013 promises to be the busiest year in our history to date."
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WesternZagros Resources Ltd.
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