WesternZagros Resources Ltd. has completed the installation of a snubbing unit at the Kurdamir-1 well and will commence activity to recover the remaining drill string this week in order to complete well kill operations. These operations are expected to take approximately 30 days. The Company continues to submit interim insurance claims related to the well control and sidetracking efforts at its Kurdamir-1 well.
Robert Theriault, Senior Vice President, Engineering and Operations, is leaving WesternZagros effective July 16th, 2010, in order to pursue another career opportunity.
"On behalf of WesternZagros, I would like to thank Rob for his contributions to the company, and wish him all the best for the future," said Simon Hatfield, Chief Executive Officer.
Ian McIntosh, Vice President, Kurdistan Business Unit will take over Mr. Theriault's responsibilities on an interim basis. Mr. McIntosh joined the Company on December 17, 2009 and brought with him over 30 years of international oil and gas experience that is particularly well-suited to the Company's current exploration and operations activities in the Kurdistan region. His experience encompasses development and production engineering, in-country management and business development. His extensive background most recently includes positions at Petro-Canada Companies in Algeria, Tunisia and Libya, where he managed the exploration and development operations with over 200 staff.
Kurdamir-1 is a wildcat exploration well, located on the Kalar Bawanoor Block, in the Kurdistan Region of Iraq. WesternZagros is drilling the well with its co-venturers, the Kurdistan Regional Government (KRG) and Talisman (Block K44) B.V.