Taking it to the streets. Stockhouse.com: Taking it to the street
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Info from IR
OceanRanger12
2/4/2013 3:40:59 PM  |  | 412 reads  | Post #32123775
 

Received this from IR on Friday. Thought it was worth sharing.

 

"Production from the EWT at Sarqala-1 is currently shut in by the KRG.  From October 2011 to May 2012 WZR produced over 1 million barrels of crude for the domestic market for which we were prepaid.  In November, the KRG re-commenced production, this time to the export market for which payment is outstanding. The KRG then again in December shut in production to the export market. We are currently awaiting word when production will re-commence.

 

The Kurdamir well has been completed in such a manner to commence an EWT subject to KRG approval. We are hopeful that production will commence in H2 2013.

 

Best regards,

Lisa

 

Lisa Harriman
Manager of Investor Relations
WesternZagros Resources Ltd."

 

OceanRanger
 

 

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