ShaMaran Petroleum Corp. : SNM) today released its financial and operating results and related management's discussion and analysis for the three and twelve months ended December 31, 2022¹ and a corporate update. View PDF Version Dr. Adel Chaouch, President and Chief Executive Officer of ShaMaran, commented "2022 represents the best financial performance in the Company's history on all key metrics with growth in sales [...]
ShaMaran Petroleum Corp. : SNM) is pleased to report total Company's gross 2P reserves1 grew by 225% from 30.4 million barrels of oil at December 31, 2021 to 68.3 MMbbls at December 31, 2022 and a 2P net reserves replacement ratio2 of 950%3. The Company's net 2C resources4 increased by close to 20% from 34.8 MMbbls at December 31, 2021 to 41.5 MMbbls at December 31, 2022 such increase being primarily associated with the [...]
ShaMaran Petroleum Corp. and confirms receipt of payment today for the August 2022 Atrush crude oil sales in the amount of $11.98 million net to the Company. With this payment the total amount received for the month of August 2022 crude oil sales is $21.34 million net to the Company. View PDF version OTHER This information contains information that ShaMaran is obliged to make public pursuant to the EU Market Abuse [...]
ShaMaran Petroleum Corp. confirms receipt of payment today for August 2022 crude oil sales in the amount of $9.36 million net to the Company. View PDF version OTHER This information contains information that ShaMaran is obliged to make public pursuant to the EU Market Abuse Regulation. This information was submitted for publication, through the agency of the contact persons set out below, on January 20, 2023, at 5:30 p.m [...]
ShaMaran Petroleum Corp. : SNM) announced today the Company will be participating in Renmark Financial Communications Inc.'s live Virtual Non-Deal Roadshow Series to discuss its latest investor presentation on Tuesday, December 6, at 2:00 p.m. ET, and Thursday, December 8, at 4:00 p.m. ET. ShaMaran welcomes stakeholders, investors, and other individual followers to register to attend this live event. View PDF version [...]
ShaMaran Petroleum Corp. : SNM) confirms receipt of payment today for July 2022 crude oil sales $10.7 million net to the Company. With this payment the total amount received for the month of July 2022 crude oil sales is $24.29 million net to the Company. View PDF version OTHER This information contains information that ShaMaran is obliged to make public pursuant to the EU Market Abuse Regulation. This information was [...]
ShaMaran Petroleum Corp. confirms receipt of payment for the June 2022 Atrush crude oil sales invoice in the amount of $13.59 million net to the Company. View PDF Version OTHER This information contains information that ShaMaran is obliged to make public pursuant to the EU Market Abuse Regulation. This information was submitted for publication, through the agency of the contact persons set out below, on November 18, 2022 [...]
ShaMaran Petroleum Corp. : SNM) is pleased to announce, following today's news release by Sarsang operator regarding its operational updates and outlook for Q4 2022, that: View PDF. Sarsang gross average daily production is expected to range between 42,000 barrels oil per day and 47,000 bopd and as such the combined gross average daily production of Atrush and Sarsang fields in Q4 2022 is expected to range from 77,000 [...]
ShaMaran Petroleum Corp. : SNM) today released its financial and operating results and related management's discussion and analysis for the three and nine months ended September 30, 2022¹. View PDF version Dr. Adel Chaouch, President and Chief Executive Officer of ShaMaran, commented "The third quarter of 2022 was transformational for ShaMaran. With the closing of the Sarsang Acquisition, we now have stakes in three high [...]
ShaMaran Petroleum Corp. and is pleased to announce the commissioning of Sarsang's 25,000 bopd production facility and the commencement of export via pipeline for oil produced from that facility. Production rates from the new wells and facility are expected to exceed 20,000 bopd by the end of October 2022. View PDF Version. OTHER This information was submitted for publication, through the agency of the contact persons set [...]
ShaMaran Petroleum Corp. : SNM) confirms receipt of payment for the June 2022 Atrush crude oil sales invoice in the amount of $15.27 million net to the Company. View PDF version OTHER This information contains information that ShaMaran is obliged to make public pursuant to the EU Market Abuse Regulation. This information was submitted for publication, through the agency of the contact persons set out below, on October 14 [...]
ShaMaran Petroleum Corp. : SNM) confirms receipt of payment for a June 2022 crude oil sales invoice in the amount of $11.35 million net to the Company. View PDF version OTHER This information contains information that ShaMaran is obliged to make public pursuant to the EU Market Abuse Regulation. This information was submitted for publication, through the agency of the contact persons set out below, on October 11, 2022 at [...]
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