Market Reaction: Negative. We carry the Oligocene at Hasira-1 well at C$0.18 per share within our RENAV. The results of the well test are currently inconclusive. Production at Sarqala-1 could be well below our expectations in 2015 (8.8 mbbl/d over 2-4Q/15).

05 May 2015
WESTERNZAGROS RESOURCES LTD. (WZR CN): OPERATIONAL AND CORPORATE UPDATE

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WESTERNZAGROS RESOURCES LTD. (WZR CN): OPERATIONAL AND CORPORATE UPDATE
WESTERNZAGROS RESOURCES (WZR:TSE) | 0 0 0.0%
- Published:
05 May 2015 -
Author:
Stephane Foucaud -
Pages:
2 -
Market Reaction: Negative. We carry the Oligocene at Hasira-1 well at C$0.18 per share within our RENAV. The results of the well test are currently inconclusive. Production at Sarqala-1 could be well below our expectations in 2015 (8.8 mbbl/d over 2-4Q/15).