09:47 AM EST - WesternZagros Resources Ltd. : reported fourth-quarter net loss of $6.65 million U.S.or $0.03 U.S. per share, compared to net loss of $836,000 U.S. or $0.01 U.S. per share in the same quarter of last year. Revenues for the quarter were $495,000 compared to $817,000 in the prior-year quarter. WesternZagros has updated its capital and operating budget for 2009 to approximately $34 million U.S. from $30 million U.S. WesternZagros Resources Ltd.
shares V.WZR are trading down $0.17 at $0.53.
