Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Canadian Warrants Only -- Ignore unavailable to you. Want to Upgrade?

To: calgarylady who wrote (1179)	10/23/2007 6:51:05 PM
From: koan	Read Replies (1) \| Respond to of 23098

I was just going to post on WZR wts. Kurdistan oil exploration WTS. It might attract a lot of speculative interest? WesternZagros Resources Ltd (C-WZR) - News Release WesternZagros to trade on TSX-V 2007-10-22 09:48 ET - News Release Shares issued 170,057,183 Ms. Dorreen Miller reports WESTERNZAGROS COMMENCES TRADING TODAY WesternZagros Resources Ltd.'s common shares and warrants will begin trading on the TSX Venture Exchange. WesternZagros has issued 170,057,183 outstanding common shares and warrants to acquire an additional 16,505,729 common shares. "Today is the start of a new era for WesternZagros as we commence trading as an independent public company," said Fred Dyment, executive chairman. "We are extremely enthusiastic about the exploration potential within our EPSA area and believe it has the opportunity to add significant value for our shareholders and other key stakeholders, especially the people of the Kurdistan region and all of Iraq." "WesternZagros is well positioned to deliver on the exploration potential with a dedicated and skilled team of professionals, approximately $100-million in cash and debt-free as a result of the spin-out from Western Oil Sands and the private placement," commented Simon Hatfield, president. "We have completed 745 kilometres of our 2-D seismic program and identified a number of large structures from the new and previously obtained seismic data. Mobilization of a rig is under way in anticipation of spudding our first well in the first quarter of 2008." 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 an exploration and production-sharing agreement (EPSA) with the Kurdistan regional government (KRG) in the Kurdistan region of Iraq. As previously announced, the KRG has requested conformity of the company's EPSA with the