VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 19, 2015) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Corporation") (TSX VENTURE:SNM)(OMX:SNM) is pleased to announce changes to its senior management and Board of Directors. Mr. Chris Bruijnzeels has been appointed as the President and Chief Executive Officer of ShaMaran and as a member of the ShaMaran Board of Directors ("the Board") and will replace Mr. Pradeep Kabra [...]
ShaMaran Petroleum is pleased to announce that it has filed a final short form prospectus in the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Nova Scotia relating to an equity rights offering of rights to subscribe for common shares of ShaMaran for gross proceeds of approximately CAD 75 million. The Corporation has also filed the Final Prospectus with the Swedish Financial Supervisory [...]
ShaMaran Petroleum announces an update to the projected timeline for the equity rights offering of rights previously announced on October 15, 2014. Pursuant to the Rights Offering, shareholders will be permitted to subscribe for up to CAD 75 million of common shares of ShaMaran. The Company expects to file its final short form prospectus before the end of the current calendar year, at which time the record date and the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 11, 2014) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) announces an interim update for reserves and estimated contingent resources for the Atrush block as of November 30, 2014. The reserves and resources update was provided by McDaniel & Associates ("McDaniel"), the Company's independent qualified resources evaluator, in support of the [...]
ShaMaran Petroleum announces that it has filed a preliminary short form prospectus in the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Nova Scotia relating to an equity rights offering of rights to subscribe for common shares of ShaMaran for gross proceeds of up to CAD 75 million. The Corporation has also filed a prospectus relating to the Rights Offering with the Swedish Financial [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Oct 21, 2014) - 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 nine months ended September 30, 2014. Unless otherwise stated all currency amounts indicated as "$" in this news release are expressed in thousands of United States dollars. HIGHLIGHTS The Company [...]
ShaMaran Petroleum hereby announces that it will launch a CAD 75 million equity rights offering to its shareholders that is supported by a comprehensive equity support arrangement from major shareholders, Lorito Holdings, Zebra Holdings and Investments 1 and Lundin Petroleum and, together with Lorito and Zebra. The proceeds of this financing will augment the funding required for the development of the Corporation's oil [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 24, 2014) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Corporation") (TSX VENTURE:SNM)(OMX:SNM) is pleased to provide an operational update on the Atrush development in the Kurdistan Region of Iraq. The DQE31 drilling rig resumed drilling operations on the Chiya Chere-8 ("CK-8") on August 30, 2014 and reached a Total Depth of 2195 metres on September 13, 2014. The bottom [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 2, 2014) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) is pleased to report the resumption of drilling operations on the Atrush block in the Kurdistan Region of Iraq on August 30, 2014. Drilling operations at the Chiya Khere-8 development well were suspended for a total of 21 days by TAQA (the Abu Dhabi National Energy Company), operator [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 22, 2014) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) is pleased to announce its financial and operating results for the three and six months ended June 30, 2014. Unless otherwise stated all currency amounts indicated as "$" in this news release are expressed in thousands of United States dollars. HIGHLIGHTS The Chiya Khere-51 [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 11, 2014) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) refers to the recent press release by the Abu Dhabi National Energy Company ("TAQA"), operator of the Atrush Block in the Kurdistan Region of Iraq, reporting that it has suspended its operations at the Atrush Block. As a result of recent developments and escalating instability [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jul 21, 2014) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Corporation") (TSX VENTURE:SNM) (OMX:SNM) is pleased to provide an operational update on the Atrush development in the Kurdistan Region of Iraq. The Chiya Khere ("CK-5") development well was spudded on May 16, 2014 using the DQE31 drilling rig and reached Total Depth of 2098 metres Measured Depth (1744 metres True [...]