03:48 PM EST - WesternZagros Resources Ltd. : Announced two news items. The first is that the Company has entered into a letter agreement with its major shareholder, Crest Energy International, LLC, to further extend the date by which the Company must deliver to Crest the first drawdown notice for both debt tranches. The second is that the Company has received $5.5 million of insurance proceeds related to the Hasira-1 well. WesternZagros Resources Ltd.
shares V.WZR are trading unchanged at $0.08.
