WesternZagros Resources One2One Presentation - September 2011

More documents

Recommendations

Info

Kurdamir Discovery (Kurdamir Block) • Drilled through Oligocene, Eocene, Cretaceous (Shiranish and Kometan) reservoirs • Penetrated a gross interval of approximately 1,900 metres of hydrocarbon shows • Shut well in at 4,077 metres • Drilled sidetrack to 3,214 metres • Tested Oligocene, light oil discovered • Discovered large Oligocene gas cap 22
Success at Kurdamir: Over 1,900 Metres of Gross Hydrocarbon Interval Confirmed excellent Oligocene reservoir Confirmed oil column in the Oligocene reservoir, testing light oil with major upside Prospective Resources (MMbbls) P 90 P 50 P 10 Oil 85 260 560 Discovered gas and condensate • Drill stem tests flowed 27.5 MMcf/d of gas and 1,172 bbls/d of 61: API natural gas liquids • High predicted rates of over 50 MMcf/day of gas and 2,240 bbls/d of condensate • Contingent Resources (Gas in BCF and Condensate in MMbbls) P 90 P 50 P 10 Gas 505 850 1420 Condensate 22 33 48 Oil shows in Eocene and Cretaceous reservoirs. Oil interval confirmed by Weatherford geochemical analyses (Aug 2011) • Major upside in deeper untested zones Prospective Resources (oil) P 90 P 50 P 10 MMbbls 18 86 273 Eocene 59 152 340 Cretaceous Well Testing at the Kurdamir-1 – November 2010 23
Page 1 and 2: www.westernzagros.com Corporate Pre
Page 3 and 4: Exceptional Exploration Success on
Page 5 and 6: WesternZagros Today Symbol (TSX Ven
Page 7 and 8: The WesternZagros Story: Steady Pro
Page 9 and 10: Near Term Potential Value Creation:
Page 11 and 12: The Kurdistan Region of Iraq Curren
Page 13 and 14: Multiple Prospects: Oil & Gas Garmi
Page 15 and 16: Production Sharing Contract (PSC):
Page 17 and 18: Political Environment Progressing O
Page 19 and 20: Oil Discovery At Sarqala-1 Followed
Page 21: Near Term Opportunities of Kurdamir
Page 25 and 26: Kurdamir-Topkhana Structure Topkhan
Page 27 and 28: Kurdamir-Topkhana Structure: Additi
Page 29 and 30: Multiple Transportation and Market
Page 31 and 32: Making a Difference Where We Operat
Page 33 and 34: WesternZagros: On the Cusp of a Maj
Page 35 and 36: Experienced Management & Strong Tec
Page 37 and 38: Board of Directors - Disciplined, I
Page 39 and 40: Garmian Block Contingent and Prospe
Page 41 and 42: Garmian Block Prospective Resources
Page 43 and 44: Kurdamir and Garmian Blocks Prospec
Page 45 and 46: The Region’s Oil & Gas Fields 45
Page 47 and 48: Kurdistan Recent PSC Activity Taza
Page 49 and 50: Bai Hassan: Analogue for Kurdamir-T
Page 51: www.westernzagros.com Head Office 6

WesternZagros Resources One2One Presentation - September 2011

Create successful ePaper yourself

Delete template?

Save as template?