WZR

(NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA)

Crest Energy International LLC ("Crest") announces that it has acquired
ownership of an additional 51,000,000 common shares ("Common Shares") in the
capital of WesternZagros Resources Ltd. (the "Corporation" or "WZR") (TSX
VENTURE:WZR) on March 18, 2013 pursuant to a non-brokered private placement
financing (the "Private Placement") of Common Shares by the Corporation. The
Common Shares were issued at a price of $1.25 per share for aggregate
consideration paid by Crest of $63,750,000.


Prior to the Private Placement, Crest owned 40,714,286 Common Shares,
representing approximately 9.9% of the Corporation's then outstanding Common
Shares. After the Private Placement, Crest now beneficially owns, controls or
has direction over, directly or indirectly, an aggregate of 91,714,286 Common
Shares, representing approximately 19.8% of the Corporation's outstanding Common
Shares.  


Crest acquired the Common Shares pursuant to the Private Placement for
investment purposes and may, depending on market and other conditions, increase
or decrease its beneficial ownership, control or direction over Common Shares,
through market transactions, private agreements, or otherwise.  


The Private Placement was effected pursuant to the terms of an investment
agreement (the "Investment Agreement") between Crest and the Corporation dated
March 10, 2013. Pursuant to the Investment Agreement, Crest will continue to
have certain rights to participate for its pro-rata share in future equity
issuances by the Corporation. In addition to the statutory four month hold
period, the Common Shares issued under the Investment Agreement will be subject
to a contractual hold period until July 19, 2013. In addition, Crest obtained
the right under the Investment Agreement to appoint an additional nominee to the
Corporation's Board of Directors. Crest has elected to nominate John Howland to
that position. Eric Stoerr, an officer of Crest, has been a member of the
Corporation's Board of Directors since August 2012. 


The head office of Crest is located at 600 Travis Street, Suite 6800, Houston,
Texas.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Crest Energy International LLC
Pamela Powers
713 222 6900


Crest Energy International LLC
David Schumacher
713 222 6900

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