ShaMaran Petroleum Corp. today released its financial and operating results and related management's discussion and analysis for the three months ended March 31, 2026. PDF Version Garrett Soden, President and CEO of ShaMaran, commented: "ShaMaran had a solid start to 2026 on the back of operational strength at Atrush and higher price realizations from international export sales. Unfortunately, the Iran war has severely [...]
ShaMaran Petroleum Corp. has been informed by HKN Energy Ltd. , the operator of the Sarsang Block in the Kurdistan region of Iraq, that an explosion occurred earlier today at one of the storage facilities in the Sarang field. PDF Version All personnel have been safely accounted for, and no injuries have been reported. HKN has initiated a full assessment of the situation and is coordinating closely with local authorities [...]
ShaMaran Petroleum Corp. announces that the Special Meeting of Shareholders held on March 10, 2026, approved the continuance of the Company from Canada to Bermuda and the delisting of the Company's shares from the TSX Venture Exchange . Following the continuance to Bermuda, the Company plans to list its shares on the Euronext Growth Oslo market operated by the Oslo Stock Exchange and will maintain the Company's secondary [...]
ShaMaran Petroleum Corp. has been informed by HKN Energy Ltd. , the operator of the Sarsang Block in the Kurdistan region of Iraq, that an explosion occurred earlier today at one of the processing facilities in the Sarang field. PDF Version. All personnel have been safely accounted for, and no injuries have been reported. HKN has initiated a full assessment of the situation and is coordinating closely with local [...]
ShaMaran Petroleum Corp. today released its financial and operating results and related management's discussion and analysis for the three and twelve months ended December 31, 2025. PDF Version Garrett Soden, President and CEO of ShaMaran, commented: "Our year-end results demonstrate the Company's earnings potential from better international crude pricing following the reopening of the Iraq-Türkiye export pipeline, with [...]
ShaMaran Petroleum Corp. has been informed that HKN Energy Ltd. , the operator of the Atrush and Sarsang blocks in the Kurdistan Region of Iraq, has temporarily shut-in production from both fields as a precautionary measure due to the deterioration in the regional security environment. The Company's assets and personnel have not been impacted. PDF version ShaMaran and HKN are closely monitoring the situation, and the [...]
ShaMaran Petroleum Corp. announces that it is pursuing a change in the Company's primary listing on the TSX Venture Exchange to the Euronext Growth Oslo market operated by the Oslo Stock Exchange . The Company will continue to fully support the secondary listing on Nasdaq First North Growth Market in Stockholm. ShaMaran plans to simultaneously effect a corporate continuance from Canada to Bermuda to have a more efficient [...]
ShaMaran Petroleum Corp. announces that a total of 8,300,000 stock options and 11,540,000 Restricted Share Units were granted today to certain officers, employees and other eligible persons of the Company pursuant to the Company's Stock Option Plan and Share Unit Plan. PDF version The stock options have a five-year term, vest in three equal annual installments starting from the Grant Date and were issued with an exercise [...]
ShaMaran Petroleum Corp. announces that the first lifting of crude oil export barrels allocated to international oil companies as "payment-in-kind" under the interim pipeline export agreements was completed by the nominated trader at the Ceyhan oil terminal in Türkiye on November 15, 2025. PDF version Under the interim agreements, ShaMaran expects payment for its share of cargo liftings within 30 days. A second lifting of [...]
ShaMaran Petroleum Corp. today released its financial and operating results and related management's discussion and analysis for the three and nine months ended September 30, 2025. View PDF Garrett Soden, President and CEO of ShaMaran, commented: "The highlight of the third quarter was the reopening of the Iraq-Türkiye pipeline after being closed for more than two and a half years. The resumption of pipeline exports [...]
ShaMaran Petroleum announces that interim agreements have been executed between the Kurdistan Regional Government, Government of Iraq and several International Oil Companies, including ShaMaran. These agreements are expected to enable the restart of international oil exports by pipeline from the Kurdistan Region of Iraq within a matter of days. Garrett Soden, President and CEO of ShaMaran, commented: "We welcome the [...]
ShaMaran Petroleum released its financial and operating results and related management's discussion and analysis for the three and six months ended June 30, 2025. Garrett Soden, President and CEO of ShaMaran, commented: "We remain focused on generating strong cash flow and accelerating debt repayment, as shown in the Q2 2025 results. Over the last year, we have reduced the Company's net debt1 by almost 50%, providing a [...]
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