Chief Executive Officer of WesternZagros Resources Ltd. with 30 years of managerial and executive experience with Imperial Oil, Exxon Production Research Company, Petro-Canada, Chauvco Resources, Talisman Energy and Western Oil Sands. Hatfield initiated the Kurdistan opportunity for WesternZagros and led the technical and business process which successfully concluded the signing and ratification of the company’s Production Sharing Contract. He holds a Bachelor of Science (Honours) degree in Geology with Physics, a Masters of Science degree in Geology and has completed the Executive Development Program at the University of Calgary. In November, the company confirmed oil deposits in the Eocene Formation, adding to the Oligocene reservoir in Kurdamir-2.
The company also announced that its mean estimate of gross unrisked contingent resources has increased to 147 million barrels of recoverable oil (corresponding to 464 million barrels of mean estimated gross discovered oil initially in place) and the mean estimate of gross unrisked prospective resources has increased to 1.2 billion barrels of recoverable oil (corresponding to 3.6 billion barrels of mean estimated gross undiscovered oil initially in place) for the Oligocene reservoir in the Kurdamir Block.