With this publication, we have transferred formal research coverage to the Calgary office. Our revised estimates are post 2Q15 results and
FirstEnergy’s recently revised crude oil price outlook. Given that WesternZagros sells its crude oil into the domestic market at approximately
US$42/bbl, the Company’s near-term cash flows were not impacted by our reduced crude oil price outlook.
02 Sep 2015
WesternZagros Resources: Advancing Toward Field Development Plan Approval and Value Recognition
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WesternZagros Resources: Advancing Toward Field Development Plan Approval and Value Recognition
WESTERNZAGROS RESOURCES (WZR:TSE) | 0 0 0.0%
- Published:
02 Sep 2015 -
Author:
Darren B. Engels -
Pages:
8
With this publication, we have transferred formal research coverage to the Calgary office. Our revised estimates are post 2Q15 results and
FirstEnergy’s recently revised crude oil price outlook. Given that WesternZagros sells its crude oil into the domestic market at approximately
US$42/bbl, the Company’s near-term cash flows were not impacted by our reduced crude oil price outlook.