WesternZagros Provides Operational and Corporate Update - Seite 2

Tony Kraljic joined WesternZagros in August 2011 and was promoted to Vice President Business Development in April 2012. He brings with him over 16 years of finance, accounting, and taxation experience. Prior to joining WesternZagros, Mr. Kraljic held increasingly senior positions with Arthur Anderson LLP, Shell Canada, Western Oil Sands and CEDA International Corp, where he was Vice President Finance.

Mr. Kraljic holds a Bachelor of Commerce degree from the University of British Columbia and is a member of the Institute of Chartered Accountants of Alberta.

"Tony is an excellent choice to assume the role of Senior Vice President, Finance. Tony is a competent and qualified Chartered Accountant with industry experience and has served WesternZagros well over the past four years. The combination of Tony's proven abilities and his deep understanding of our business make this a very natural step forward for him, the Company, and our shareholders," said Simon Hatfield, WesternZagros's Chief Executive Officer.

"We are grateful to Greg for his many years of service to WesternZagros and for this smooth transition. He has built a strong financial team at the company and has demonstrated strong leadership skills during his time with us. During his time as CFO, Greg was responsible for raising over $500 million in debt and equity financings on behalf of the Company. Greg will be missed and we wish him all the best in his future endeavours," said Mr. Hatfield.

About WesternZagros Resources Ltd.

WesternZagros is an international natural resources company focused on acquiring properties and exploring for, developing and producing crude oil and natural gas in Iraq. WesternZagros, through its wholly-owned subsidiaries, holds a 40 percent working interest in two Production Sharing Contracts with the Kurdistan Regional Government in the Kurdistan Region of Iraq. WesternZagros's shares trade in Canada on the TSX Venture Exchange under the symbol "WZR".

This news release contains certain forward-looking statements relating to, but not limited to, operational information, future development plans and the timing associated therewith, future production capability and capacity of facilities and expected production rates, production revenues and operating income. Forward-looking information typically contains statements with words such as "anticipate", "estimate", "expect", "potential", "could", or similar words suggesting future outcomes. The Company cautions readers and prospective investors in the Company's securities to not place undue reliance on forward-looking information as, by its nature, it is based on current expectations regarding future events that involve a number of assumptions, inherent risks and uncertainties, which could cause actual results to differ materially from those anticipated by WesternZagros.