VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug. 14, 2015) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) is pleased to announce its financial and operating results for the three and six months ended June 30, 2015. Unless otherwise stated all currency amounts indicated as "$" in this news release are expressed in thousands of United States dollars. Construction of the 30,000 bopd [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 10, 2015) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Corporation") (TSX VENTURE:SNM)(OMX:SNM) is pleased to announce the successful testing of the Chiya Khere-5 development well in the Atrush Block in the Kurdistan Region of Iraq. The Chiya Khere-5 ("CK-5") development well was drilled and suspended in May and June, 2014. The well was re-entered in May 2015 and three [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 17, 2015) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) is pleased to report that at the Company's Annual General Meeting held today in Vancouver, shareholders approved all of the resolutions put forward at the meeting, namely: Received the consolidated audited financial statements of the Company for the year ended December 31, 2014 [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 19, 2015) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) announces that, further to the news release dated March 13, 2015, the Annual General Meeting of ShaMaran will be held at Suite 2000, 885 West Georgia Street, Vancouver, British Columbia, V6C 3E8 on Wednesday, June 17, 2015, at 8:00 a.m. (Vancouver time), for the following purposes [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 11, 2015) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) is pleased to announce its financial and operating results for the three months ended March 31, 2015. Unless otherwise stated all currency amounts indicated as "$" in this news release are expressed in thousands of United States dollars. HIGHLIGHTS Production Facilities [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 13, 2015) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) is pleased to announce its financial and operating results for the year ended December 31, 2014. Unless otherwise stated all currency amounts indicated as "$" in this news release are expressed in thousands of United States dollars. HIGHLIGHTS Production Facilities Implementation [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 12, 2015) - (TSX VENTURE:SNM)(OMX:SNM) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") reports updates to estimated reserves and contingent resources for the Atrush block as of December 31, 2014. The reserves and contingent resources estimates were provided by McDaniel & Associates Consultants Ltd. ("McDaniel"), the Company's independent qualified resources [...]
ShaMaran Petroleum announces that, in connection with the previously announced Rights Offering and as agreed in the standby purchase agreement, the Company has issued an aggregate of 40,906,078 common shares of the Company at a subscription price of CAD 0.10 per share for gross proceeds of CAD 4,090,607.80 to its major shareholders, Lorito Holdings SARL, Zebra Holdings and Investments SARL and Lundin Petroleum BV [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 16, 2015) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) is pleased to announce positive test results from the Atrush-3 well in the eastern part of the Atrush structure (Atrush Phase 2 appraisal area) in the Kurdistan Region of Iraq. Following the testing of the Chiya Khere-6 ("CK-6") Phase 2 area appraisal well announced in January [...]
ShaMaran Petroleum is pleased to announce the successful closing of its previously announced rights offering which expired on February 9, 2015 (and on February 4, 2015 for Rightsholders in Euroclear (Sweden)). The Rights Offering has generated gross proceeds of approximately CAD 75 million which will be used to fund the Company's costs related to the financing, development and operations of the Atrush Block in Kurdistan [...]
ShaMaran Petroleum is pleased to announce that it has filed and obtained receipts from the securities regulators in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Nova Scotia as well as Sweden for an amendment to its final prospectus dated December 23, 2014 relating to an offering of rights (to subscribe for common shares of ShaMaran for gross proceeds of approximately CAD 75 million. The Amendment was [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 19, 2015) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Corporation") (TSX VENTURE:SNM) (OMX:SNM) provides an operational update on the Chiya Khere-6 well (Atrush Phase 2 area appraisal) in the Kurdistan Region of Iraq. The Chiya Khere-6 ("CK-6") Phase 2 appraisal well was drilled to a total depth of 2,105 metres which was reached on November 5, 2014, after 36 operational [...]