ShaMaran Petroleum Corp. is pleased to announce the issuance today of a Summons for Written Resolution from Nordic Trust AS as Bond Trustee to all Bondholders of the Company's 12% senior unsecured bonds due 2023 setting out the details of the Proposal with a voting period ending on January 26, 2021. View PDF version. DISCUSSIONS WITH BONDHOLDERS The Company has been in discussions with the informal Ad Hoc Committee [...]
ShaMaran Petroleum Corp. is pleased to announce that the January 2021 interest payment due on its 12% senior unsecured bonds due 2023 has been timely made to all Bondholders. View PDF version In addition, ShaMaran is also pleased to announce that the Atrush field total cumulative crude oil production has exceeded 40 million barrels. The Atrush field is located 85 km northwest of Erbil and is one of the largest new oil [...]
ShaMaran Petroleum Corp. provides the following update to stakeholders. View PDF Version. The Company confirms that a payment of $14.6 million has been received from the Kurdistan Regional Government for Atrush oil sales invoice entitlements for the month of November 2020. OTHER This information is information that ShaMaran Petroleum Corp. is obliged to make public pursuant to the EU Market Abuse Regulation. The [...]
ShaMaran Petroleum Corp. provides the following update to stakeholders. View PDF version. The Company confirms that a payment of $16.1 million has been received from the Kurdistan Regional Government for Atrush oil sales invoice entitlements for the month of October 2020. OTHER This information is information that ShaMaran Petroleum Corp. is obliged to make public pursuant to the EU Market Abuse Regulation. The [...]
ShaMaran Petroleum Corp. is pleased to report that at the Company's Annual General Meeting held today in Vancouver, shareholders approved all of the resolutions put forward at the Meeting, and in doing so: View PDF version Appointed PricewaterhouseCoopers SA as auditor of the Company for the ensuing year and authorized the directors to fix their remuneration; Fixed the number of directors at six ; Elected Chris [...]
ShaMaran Petroleum Corp. today released its financial and operating results and related management discussion and analysis for the three and nine months ended September 30, 2020. All currency amounts indicated as "$" in this news release are expressed in United States dollars. View PDF version ShaMaran President and CEO, Dr. Adel Chaouch commented, "With the support of our stakeholders this quarter we have been able to [...]
ShaMaran Petroleum Corp. provides the following update to stakeholders. View PDF version The Company confirms that a payment of $16 million has been received from the Kurdistan Regional Government for Atrush oil sales invoice entitlements for the month of September 2020. OTHER This information is information that ShaMaran Petroleum Corp. is obliged to make public pursuant to the EU Market Abuse Regulation. The information [...]
ShaMaran Petroleum Corp. provides the following update to stakeholders. View PDF Version The Company confirms that a payment of $20 million has been received from the Kurdistan Regional Government for Atrush oil sales invoice entitlements for the month of August 2020. OTHER This information is information that ShaMaran Petroleum Corp. is obliged to make public pursuant to the EU Market Abuse Regulation. The information [...]
ShaMaran Petroleum Corp. notes the movement in its share price and the market reports of an interest in the Company. Dr. Adel Chaouch, President and CEO of the Company confirms that ShaMaran has not received any expression of interest from Abu Dhabi National Energy Company and wishes to specify that ShaMaran does not comment on market rumours and speculations. View PDF version OTHER The information was submitted for [...]
ShaMaran Petroleum Corp. , an oil and gas company with a producing asset in the Kurdistan Region of Iraq, is pleased to announce that it will be hosting a virtual town hall meeting on September 24, 2020 at 18:00 CET . View PDF version President and CEO, Dr. Adel Chaouch will present an update on the Company's operations and future plans. ShaMaran's Atrush oil field is the third largest oil producer in oil-rich Kurdistan [...]
ShaMaran Petroleum Corp. provides the following update to stakeholders. View PDF The Company confirms that a payment of $21.4 million has been received from the Kurdistan Regional Government for Atrush oil sales invoice entitlements for the month of July 2020. OTHER This information is information that ShaMaran Petroleum Corp. is obliged to make public pursuant to the EU Market Abuse Regulation. The information was [...]
ShaMaran Petroleum Corp. today released its financial and operating results and related management discussion and analysis for the three and six months ended June 30, 2020. All currency amounts indicated as "$" in this news release are expressed in United States dollars. View PDF version ShaMaran President and CEO, Dr. Adel Chaouch commented, "We are very grateful to our stakeholders who continue to help the Company to [...]
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