“We will continue the testing to evaluate the full flow capability at the well and its potential for early production,” said Chief Executive Simon Hatfield.
No water was produced during the flow, the oil and gas explorer said.
WesternZagros, along with other junior explorers such as Longford Energy, is active in Iraq’s Kurdistan region.
Iraq has about 115 billion barrels of proven oil reserves and has numerous large undeveloped fields and unexplored areas, according to WesternZagros’ website.
Of the 73 oil fields discovered in Iraq, only 15 are producing, the company said on its website.
WesternZagros holds a production-sharing contract with the Kurdistan regional government through its wholly owned subsidiaries.
Emerging markets such as Brazil, Colombia, Peru, Iraq, India and Indonesia are expected to be major growth drivers for Canadian junior explorers, given the cheaper costs of acquiring land and the opportunity to sell the property at a huge premium later.