WesternZagros Resources (FRA:44W) Change In Payables And Accrued Expense : €-0.29 Mil (TTM As of Mar. 2017)

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What is WesternZagros Resources Change In Payables And Accrued Expense?

WesternZagros Resources's Change In Payables And Accrued Expense for the quarter that ended in Mar. 2017 was €-0.17 Mil. It means WesternZagros Resources's Accounts Payable & Accrued Expense declined by €0.17 Mil from Dec. 2016 to Mar. 2017 .

WesternZagros Resources's Change In Payables And Accrued Expense for the fiscal year that ended in Dec. 2016 was €-0.73 Mil. It means WesternZagros Resources's Accounts Payable & Accrued Expense declined by €0.73 Mil from Dec. 2015 to Dec. 2016 .

WesternZagros Resources Change In Payables And Accrued Expense Historical Data

The historical data trend for WesternZagros Resources's Change In Payables And Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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WesternZagros Resources Change In Payables And Accrued Expense Chart

WesternZagros Resources Annual Data

Trend

Dec07

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Dec09

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Dec11

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Dec13

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Dec16

Change In Payables And Accrued Expense

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0.48

-0.16

2.16

-2.83

-0.73

WesternZagros Resources Quarterly Data
	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17
Change In Payables And Accrued Expense	Get a 7-Day Free Trial															-0.59	-0.04	0.14	-0.21	-0.17

WesternZagros Resources Change In Payables And Accrued Expense Calculation

Change In Payables And Accrued Expense is the increase or decrease between periods of the Accounts Payable & Accrued Expense. Accrued expenses represent expenses incurred at the end of the reporting period but not yet paid; also called accrued liabilities. The accrued liability is shown under Liabilities section in the balance sheet.

Change In Payables And Accrued Expense for the trailing twelve months (TTM) ended in Mar. 2017 adds up the quarterly data reported by the company within the most recent 12 months, which was €-0.29 Mil.

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WesternZagros Resources (FRA:44W) Business Description

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Address

Website

http://www.westernzagros.com

WesternZagros Resources, Ltd. was incorporated under the ABCA on August 22, 2007. It is a publicly traded, Calgary-based, international oil and gas company focused on acquiring properties and exploring for developing and producing crude oil and natural gas in the Kurdistan Region of Iraq. It holds two Production Sharing Contracts with the Kurdistan Regional Government in the Kurdistan Region of Iraq that are both on trend with, and adjacent to, a number of prolific oil and gas discoveries. The Company through its wholly-owned subsidiaries holds a 40 percent working interest in each of the Garmian Production Sharing Contracts and the Kurdamir Production Sharing Contracts. It competes with numerous other organizations in the search for, and the acquisition of, oil and natural gas properties and in the marketing of oil and natural gas. The Company's operations are subject to general and specific regulations and restrictions governing drilling, production and processing, land tenure and use, environmental requirements, including site-specific environmental licences, permits and remediation requirements, workplace health and safety requirements, social impacts and other laws and regulations.

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