ShaMaran Petroleum Corp.

ShaMaran Petroleum Corp. reports that following the announcements of ShaMaran's 2019 year-end financial and operating results on March 3, 2020 and the 2020 Atrush guidance on February 25, 2020, the Company is today providing an operational, 2020 budget and financial update. View PDF Version. OPERATIONAL UPDATE In the current challenging operating environment, the priority of the Atrush co-venturers has been the safety and [...]

ShaMaran Petroleum Corp. provides the following update to shareholders. View PDF Version. The Company confirms that a payment of $9.6 million has been received from the Kurdistan Regional Government for Atrush crude oil sales during March 2020. It should be noted that a proposal has been received by the Company from the KRG to defer their payment of the Atrush crude oil sales for November 2019 - February 2020. It is the [...]

ShaMaran Petroleum Corp. provides the following update to shareholders. View PDF Version The Company confirms that a payment of $16.2 million has been received from the Kurdistan Regional Government for Atrush crude oil sales during October 2019. The payment is net of production bonus amounts owing to the KRG under the terms of the Atrush production sharing contract relating to the 25 million barrel cumulative production [...]

ShaMaran Petroleum Corp. today released its financial and operating results and related management discussion and analysis for the three months and year ended December 31, 2019. All currency amounts indicated as "$" in this news release are expressed in United States dollars. View PDF Version. "The Atrush Block delivered significant production growth as planned and ahead of schedule. In 2019, Atrush reached another [...]

ShaMaran Petroleum Corp. is pleased to provide Atrush guidance for the year 2020. View PDF Version. We anticipate an increase in average daily production, lower average lifting costs, strong operating cash flow and prudent capital expenditures. Atrush field gross average daily production is expected to range from 44,000 barrels of oil per day to 50,000 bopd. The mid-point of this year's production guidance represents an [...]

ShaMaran Petroleum Corp. , an oil and gas company with a producing asset in the Kurdistan region of Iraq, announces that the Company's President and CEO, Adel Chaouch, will be presenting at the SpareBank 1 Markets Energy Conference in Oslo on February 26, 2020. Mr. Chaouch will present as part of a Kurdistan panel discussion between 11:00 a.m. and 12:15 a.m. CET and subsequently as part of a Lundin Group panel discussion [...]

ShaMaran Petroleum Corp. is pleased to report that consistent strong reservoir performance in 2019 and the acquisition of an additional 7.5% working interest share in the Property last year has increased the Company's gross 2P oil reserves from 21.3 MMbbls to 29.9 MMbbls which represents a 40% increase. This equates to an increase in 2P reserves NPV of over US$95 million . View PDF version. Adel Chaouch, President and CEO [...]

ShaMaran Petroleum Corp. the Company confirms that a gross payment of $18 million has been received from the Kurdistan Regional Government for Atrush crude oil sales during September 2019. View PDF version OTHER This information is information that ShaMaran Petroleum is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact [...]

ShaMaran Petroleum Corp. , an oil and gas company with producing assets in the Kurdistan region of Iraq, announces that the Company's President and CEO, Adel Chaouch, will be presenting at the Pareto Securities E&P Independents Conference in London on January 22, 2020. View PDF Version. A copy of the presentation will be available on ShaMaran's website www.shamaranpetroleum.com and www.thelundingroup.com. OTHER The [...]

VANCOUVER, Jan. 8, 2020 /CNW/ - ShaMaran Petroleum Corp. confirms that a gross payment of $20.8 million has been received from the Kurdistan Regional Government for Atrush crude oil sales during August 2019. View PDF version. OTHER This information is information that ShaMaran Petroleum is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency [...]