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Oil company WesternZagros launches web site
6.12.2007
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December
6, 2007
Kurdistan region, 'Iraq', -- WesternZagros
Resources Ltd. (TSX VENTURE:WZR) is pleased to
announce that the Company has launched its corporate
web site
www.westernzagros.com
. WesternZagros has also posted its corporate
presentation in the Investors section under
Presentations and Conferences.
For information related to the Kurdistan Regional
Government's recently updated Model Production
Sharing Contract please visit www.krg.org or follow
the link available on WesternZagros' web site.
About WesternZagros Resources Ltd.
WesternZagros is an international natural resources
company engaged in acquiring properties and
exploring for, developing and producing crude oil
and natural gas. WesternZagros, through its
wholly-owned subsidiaries, holds a Production
Sharing Contract with the KRG in the Kurdistan
Region of Iraq. The Company's shares (WZR) and
warrants (WZR.WT) trade on the TSX Venture Exchange. |
WesternZagros Resources Ltd. (“WesternZagros”) is an
international natural resources company engaged in
acquiring properties and exploring for, developing
and producing crude oil and natural gas.
WesternZagros holds a Production Sharing Contract (“PSC”)
with the Kurdistan Regional Government in the
Kurdistan region of Iraq. |
This news release may contain forward-looking
information based on assumptions that are subject to
a wide range of business risks. WesternZagros'
operations are subject to all risks normally
incident to the exploration, development and
operation of crude oil and natural gas properties
and the drilling of crude oil and natural gas wells,
including geological risk,www.ekurd.net
encountering unexpected
formations or pressures, premature declines of
reservoirs, potential environment damage, blow-outs,
fires and spills, all of which could result in
personal injuries, loss of life and damage to
property of WesternZagros and others; environment
risks; delay or changes in plans with respect to
exploration or development projects or capital
expenditures; the ability to attract key personnel;
the risk of commodity price and foreign exchange
rate fluctuations.
All of WesternZagros' assets are located in
Kurdistan. As such, WesternZagros is subject to
political, economic, and other uncertainties of that
region as well as risks of loss due to civil strife,
acts of war, guerrilla activities and insurrections.www.ekurd.net
WesternZagros'
operations may be materially adversely affected by
changes in government policies and legislation or
social instability and other factors which are not
within its control.
Risks also include the uncertainty involved in the
estimation of undiscovered resources. For further
information on WesternZagros and the risks
associated with its business, please see the Western
Oil Sands Inc. Information Circular dated September
14, 2007 which is filed at www.sedar.com.
Forward-looking information typically contains
statements with words such as "anticipate",
"estimate", "expect", "potential", "could", or
similar words suggesting future outcomes. We caution
readers and prospective investors of the Company's
securities not to place undue reliance on
forward-looking information as by its nature, it is
based on current expectations regarding future
events that involve a number of assumptions,
inherent risks and uncertainties, which could cause
actual results to differ materially from those
anticipated by WesternZagros.
FOR FURTHER INFORMATION PLEASE CONTACT:
WesternZagros Resources Ltd.
Greg Stevenson
Vice President, Finance
(403) 693-7007
or
WesternZagros Resources Ltd.
Dorreen Miller
Manager, Investor Relations & Communications
(403) 693-7019
Website: www.westernzagros.com
westernzagros com | marketwirecanada com
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