type public industry oil and gasoline fate acquired by marathon oil corporation founded calgary alberta defunct 2007 2007 headquarters calgary alberta key people huck . president & ceo david a. dyck vice president & cfo products oil & gas exploration and production revenue 910.330 million can 2005 website www.westernoilsands.com western oil sands headquartered in calgary alberta was a 20 percent partner in the athabasca oil sands project . together with their partners western oil sands mines and extracts recoverable bitumen reserves at the muskeg river mine for transportation to the scotford upgrader 435 km to the south for upgrading into synthetic crude oil . profile edit on may 30 2006 the company announced that its wholly owned subsidiary westernzagros limited entered into an exploration production sharing agreement epsa with the kurdistan regional government sulaymaniyah administration to explore for conventional oil and gas in the federal region of kurdistan . this agreement was to become effective when it was passed into law which is expected to occur in the coming months . on july 31 2007 the company announced a plan of arrangement with marathon oil corporation . for approximately 6.6 billion marathon was to acquire all of western s outstanding common shares and gain ownership of its 20 percent stake in the athabasca oil sands project . western subsidiary westernzagros limited was to spin off into westernzagros resources inc. whose new shares were to be distributed to existing shareholders . all of western s assets in the federal region of kurdistan were to be controlled by westernzagros resources inc. see also edit oil tar sands gas oil well drilling opec list of oil producing states external links edit western oil sands official website western oil sands announces plan of arrangement with marathon oil corporation and distribution of westernzagros shares to western shareholders press release retrieved from https en.wikipedia.org w index.php title western oil sands & oldid 698953378 categories oil companies of canadaathabasca oil sandscompanies based in calgaryenergy companies established in 1975non renewable resource companies established in 1975non renewable resource companies disestablished in 2007 navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages add links this page was last modified on 9 january 2016 at 08 10 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view