ShaMaran Petroleum Corp. has been required by Nasdaq First North to issue this correction to its January 31, 2019 news release to include the telephone number and email address of its certified advisor, Pareto Securities AB. There are no other material changes to the original news release. View PDF Version. The Company reports the following share capital and voting rights update in accordance with the Swedish Financial [...]
ShaMaran Petroleum Corp. has been required by Nasdaq First North to issue this correction to its February 1, 2019 news release to include the telephone number and email address of its certified advisor, Pareto Securities AB. There are no other material changes to the original news release. View PDF Version. The Company refers to its previous news release of December 27, 2018 in which it announced its proposal to acquire [...]
ShaMaran Petroleum Corp. refers to its previous news release of December 27, 2018 in which it announced its proposal to acquire an additional 7.5% participating interest in the Atrush Block . View PDF version ShaMaran is pleased to announce that bondholders have voted in favour of the Company's proposal to amend certain terms of the Company's Bond Agreement as follows: $50 million of bonds will be retired plus related [...]
ShaMaran Petroleum Corp. reports the following share capital and voting rights update in accordance with the Swedish Financial Instruments Trading Act. View PDF version. As a result of the issuance in January 2018 of 2,000,000 common shares to Nemesia S.à.r.l., in connection with the previously disclosed Liquidity Guarantee provided in connection with the Company's July 2018 bond issue, the number of issued and [...]
ShaMaran Petroleum Corp. has updated its corporate presentation. The new presentation has been posted on ShaMaran's website under https://www.shamaranpetroleum.com/investors/presentations-videos/. View PDF Version The presentation contains an operational update as well as an update of the year end 2018 financial position. OTHER This is information that ShaMaran Petroleum Corp. is obliged to make public pursuant to the [...]
ShaMaran Petroleum Corp. refers to its previous news releases of June 4, 2018 and November 18, 2018 in which it announced developments in its proposal to acquire a 15% participating interest in the Atrush Block from Marathon Oil KDV B.V. . View PDF version. ShaMaran is pleased to announce that it and TAQA Atrush BV , Operator of the Atrush Block, have agreed jointly to acquire from Marathon its 15% participating [...]
ShaMaran Petroleum Corp. is pleased to announce the appointment of Mike Ebsary to ShaMaran's Board of Directors . The appointment is effective January 1, 2019. Mr. Ebsary will replace Mr. Ashley Heppenstall who has resigned from the Board with effect from December 31, 2018 to conform with industry corporate governance recommendations regarding the maximum number of non-executive director appointments per individual. View [...]
ShaMaran Petroleum Corp. refers to the Company's November 18, 2018 news release advising of developments which have led to the expiry of the Marathon acquisition. Under the terms of the Company's Bond Agreement the expiry of the Marathon acquisition creates a Marathon Transaction Longstop Event whereby $50 million plus accrued interest will be repaid to bondholders. While the Company considers its options, it is [...]
ShaMaran Petroleum Corp. refers to the agreement announced on June 4, 2018 whereby the Company's wholly owned subsidiary, General Exploration Partners, Inc. , agreed in a sale and purchase agreement with Marathon Oil KDV B.V. ,a wholly owned subsidiary of Marathon Oil Corp. , to acquire from MOKDV a further 15% working interest in the Atrush Block Production Sharing Contract in the Kurdistan Region of Iraq . View PDF [...]
ShaMaran Petroleum Corp. is pleased to announce its financial and operating results for the nine months ended September 30, 2018. Unless otherwise stated all currency amounts indicated as "$" in this news release are expressed in thousands of United States dollars. View PDF Version HIGHLIGHTS ShaMaran entered agreement with Marathon Oil KDV BV to acquire their 15% interest in Atrush. Company issued $240 million in new [...]
VANCOUVER, Sept. 12, 2018 /CNW/ - ShaMaran Petroleum Corp. reports that TAQA Atrush BV, Operator of the Atrush Block, has received USD 20.6 million on behalf of the Atrush co-venturers from the Kurdistan Regional Government comprised of payments of USD 15.7 million for June 2018 crude oil deliveries from the Atrush license to the export market and of USD 4.9 million of the Atrush Feeder Pipeline Cost and Atrush [...]
ShaMaran Petroleum Corp. reports that TAQA Atrush BV, Operator of the Atrush Block, has received USD 17.6 million on behalf of the Atrush co-venturers from the Kurdistan Regional Government comprised of payments of USD 12.7 million for May 2018 crude oil deliveries from the Atrush license to the export market and of USD 4.9 million of the Atrush Feeder Pipeline Cost and Atrush Development Cost loan repayments which were [...]
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