03 May 2016

RESUMES PRODUCTION FROM THE SARQALA-1 WELL

WESTERNZAGROS RESOURCES (WZR:TSE) | 0 0 0.0%

- Darren B. Engels
- 2 pages

Market Impact: Positive. WesternZagros has resumed production from the Sarqala-1 well on the Garmian Block (40% WI). We were not anticipating production to resume until late 2Q16e/early 3Q16e. The well is expected to average approximately 5,000 bbl/d (2,000 bbl/d net), which is in line with production levels prior to being temporarily shut-in.

Sign up to access

Get access to our full offering from over 30 providers

RESUMES PRODUCTION FROM THE SARQALA-1 WELL

WESTERNZAGROS RESOURCES (WZR:TSE) | 0 0 0.0%

Published: 03 May 2016
Author: Darren B. Engels
Pages: 2

Market Impact: Positive. WesternZagros has resumed production from the Sarqala-1 well on the Garmian Block (40% WI). We were not anticipating production to resume until late 2Q16e/early 3Q16e. The well is expected to average approximately 5,000 bbl/d (2,000 bbl/d net), which is in line with production levels prior to being temporarily shut-in.