ShaMaran Petroleum Corp.

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 [...]

ShaMaran Petroleum Corp. reports that operations at the Atrush Field are continuing normally and have not been impacted by recent events. The security situation in the area is being closely monitored. 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 [...]

ShaMaran Petroleum Corp.   is pleased to report that the Atrush Field has achieved its first day of production at 50,000 barrels since production began in 2017. View PDF version. The current production volumes are subsequent to the completion of CK-15, Atrush's fourth new production well drilled in 2019.  CK-15 came online on the 10th of December and is currently producing at rates over 6,000 barrels per day.  Atrush's [...]

ShaMaran Petroleum Corp.   reports that it has been informed by the Kurdistan Regional Government's Ministry of Natural Resources  that payments relating to outstanding invoices for Atrush oil production, will resume in January, 2020. View PDF version. In addition, the Company is pleased to report that the Atrush Field continues to perform exceptionally well. Average production for the month of November was 43,360 bopd [...]

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, 2019. All currency amounts indicated as "$" in this news release are expressed in United States dollars. View PDF Version. "In the third quarter and period subsequent Atrush delivered significant production growth ahead of schedule that will increase [...]