ShaMaran Petroleum Corp. : SNM) is pleased to announce an equity rights offering in the amount of approximately USD 30.5 million to its Shareholders, of which USD 30 million is underwritten by its major shareholder, Nemesia Holdings S.à.r.l. , as previously noted in the Company's news release on July 12, 2021. The Company has determined that, due to the improvement in its cashflow since the July 2021 announcement, it now [...]
VANCOUVER, BC, March 31, 2022 /CNW/ - ShaMaran Petroleum Corp. : SNM) confirms receipt of payment for the December 2021 Atrush sales and entitlements at $29.38 million . View PDF The Company is also in receipt of $2.19 million net to the Company as the next instalment for December 2021 in the Kurdistan Regional Government receivable repayment mechanism calculated based on the KRG's proposed amendment to the mechanism [...]
ShaMaran Petroleum Corp. : SNM) confirms receipt of payment for the November 2021 Atrush sales and entitlements at $24.02 million . View PDF version The Company is also in receipt of $1.95 million net to the Company as the next instalment for November 2021 in the Kurdistan Regional Government receivable repayment mechanism calculated based on the KRG's proposed amendment to the mechanism repayment terms as announced on [...]
VANCOUVER, BC, Feb. 2, 2022 /CNW/ - ShaMaran Petroleum Corp. : SNM) announces the postponement of the publication of its 4Q 2021 and year-end financials and its 2021 reserves report until April 29, 2022 in order to allow the Company additional time to include in its reporting the Sarsang Acquisition, as previously announced on July 12, 2021. View PDF version OTHER This information was submitted for publication, through [...]
ShaMaran Petroleum Corp. ) confirms receipt of payment for the October 2021 Atrush sales and entitlements at $36.12 million . View PDF version The Company is also in receipt of $2.91 million net to the Company as the next instalment for October 2021 in the Kurdistan Regional Government receivable repayment mechanism calculated based on the KRG's proposed amendment to the mechanism repayment terms as announced on May 13 [...]
ShaMaran Petroleum Corp. is pleased to announce that the January 2022 interest payment due on its Bond maturing 20231 has been timely paid in full. View PDF version CORPORATE NEWS The Company is also pleased to report that in the fourth quarter of 2021 the Company purchased in the market at a commercially attractive rate the principal amount of USD 2,987,916 of its Bond maturing 20231. OTHER The information was submitted [...]
ShaMaran Petroleum Corp. : SNM) is pleased to announce that the Company has today successfully completed the required December 2021 amortization payment which reduces the outstanding principal amount of the 2023 Bond1 to US$ 175 million. View PDF version. ShaMaran President and Chief Executive Officer Dr. Adel Chaouch stated: ""In what continues to be a transformational year for the Company and its stakeholders, we are [...]
VANCOUVER, BC, Dec. 7, 2021 /CNW/ - ShaMaran Petroleum Corp. is pleased to announce that the close of business in Vancouver, Canada on Wednesday December 8, 2021 has been set as the Record Date for Bondholders of the ShaMaran 2023 Bond1 to receive their pro rata share of the remaining $5 million amortization payment due in December 2021 plus accrued interest. The payment date for this amortization is scheduled for Friday [...]
VANCOUVER, BC, Dec. 6, 2021 /CNW/ - ShaMaran Petroleum Corp. : SNM) confirms receipt of payment for the September 2021 Atrush sales and entitlements at $31.99 million . View PDF version The Company is also in receipt of $2.18 million net to the Company as the next instalment for September 2021 in the Kurdistan Regional Government receivable repayment mechanism calculated based on the KRG's proposed amendment to the [...]
ShaMaran Petroleum Corp. today released its financial and operating results and related management's discussion and analysis for the three and nine months ended September 30, 20211. View PDF version. Dr. Adel Chaouch, President and Chief Executive Officer of ShaMaran, commented: "ShaMaran has had an excellent third quarter this year with extremely positive results demonstrated by the record gross margin on Atrush oil [...]
The Power Play by The Market Herald has announced the release of new interviews with Logiq, Northstar Gold and ShaMaran discussing their latest press releases. The Power Play by The Market Herald provides investors with a quick snapshot of what they need to know about the company's latest press release through exclusive insights and interviews with company executives. Logiq reports Q3 revenue exceeding $7.7M Logiq, a [...]
ShaMaran Petroleum Corp. : SNM) confirms receipt of payment for the August 2021 Atrush sales and entitlements at $32.1 million . View PDF version The Company is also in receipt of $1.97 million net to the Company as the next instalment for August 2021 in the Kurdistan Regional Government receivable repayment mechanism calculated based on the KRG's proposed amendment to the mechanism repayment terms as announced on May 13 [...]
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