WesternZagros Resources One2One Presentation - September 2011

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Growing Interest in Iraq • Kurdistan under-explored relative to the rest of Iraq • Quality of services increasing • Security situation has improved • Oil fields are producing and exporting oil – Tawke and Taq Taq • Confirmation in May <strong>2011</strong> of oil export payments to KRG contractors (approximately 50% of net revenues) • Iraq to invite bids for 12 blocks in 2012 (7 for gas and 5 for oil) 50
www.westernzagros.com Head Office 600, 440 – 2nd Avenue S.W. Calgary, Alberta, Canada T2P 5E9 Tel: 1-403-693-7017 Fax: 1-403-233-0174 email : investorrelations@westernzagros.com Sarqala-1 Oil Discovery – May/June <strong>2011</strong> 51
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 and 22: Near Term Opportunities of Kurdamir
Page 23 and 24: Success at Kurdamir: Over 1,900 Met
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: Bai Hassan: Analogue for Kurdamir-T

WesternZagros Resources One2One Presentation - September 2011

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