Operations
WesternZagros is one of a number of oil and gas companies/consortia active in the Kurdistan region.
WesternZagros holds a Production Sharing Contract ("PSC") in the Kurdistan Region which provides for the exploration and development of crude oil and natural gas over a 2,120 square kilometre block (523, 826 acres or 818 square miles).
Key Iraq Statistics
Iraq has numerous large undeveloped fields and unexplored areas. Out of the 73 oil fields discovered, only 15 are producing. Six of the 73 oil fields are classified as super-giant (over 5 billion barrels), 23 as giant (500 million to 4 billion barrels) and 44 as medium to large (50 to 500 million barrels) or small (less than 50 million barrels).
Iraq has approximately 115 billion barrels (approximately 75 billion barrels undeveloped) of proven oil reserves and 220 billion barrels of proven and probable reserves.
