ShaMaran Petroleum Corp.

ShaMaran Petroleum Corp. : SNM) announces a time change in connection with ShaMaran's presentation at the Småbolagsdagarna 2021 which is now at 19:30 CET today. The presentation can be followed live at aktiespararna.se/tv/live and is open to the public and does not require membership in Aktiespararna or registration in order to follow the event digitally. View PDF version OTHER The information was submitted for [...]

ShaMaran Petroleum Corp. makes the following announcements: View PDF version. Operational News ShaMaran is pleased announce that the Atrush block, Kurdistan Region of Iraq, has surpassed the cumulative oil production milestone of 45 million barrels since its first oil in July 2017. In addition, a new development well, CK-17, has been drilled to TD with completion activities currently ongoing. The well is expected online [...]

VANCOUVER, BC, May 20, 2021 /CNW/ - ShaMaran Petroleum Corp. : SNM) confirms receipt of payment for the March 2021 Atrush sales and entitlements at $27.2 million . The Company is also in receipt of $655 thousand net to the Company that reflects an offset in the Kurdistan Regional Government receivable repayment mechanism. View PDF version Noting the Company's press release of May 13, 2021, ShaMaran has commenced dialogue [...]

ShaMaran Petroleum Corp. : SNM) is pleased to announce that its Annual General Meeting of Shareholders will be held on Wednesday, June 23, 2021 at 8:00 am at Suite 2000, 885 West Georgia Street, Vancouver, British Columbia, V6C 3E8 for the following purposes: To receive the consolidated audited financial statements of the Company for the year ended December 31, 2020, together with the report of the auditors; To fix the [...]

ShaMaran Petroleum Corp. : SNM), in line with other producing IOCs in Kurdistan, has received a letter from the Kurdistan Regional Government proposing an amendment, starting with the March 2021 oil sales and entitlement invoice, to payment terms due to the ongoing challenges in Iraq with the COVID-19 pandemic. View PDF version The KRG has noted that since the dated Brent price has remained consistently well above $50 per [...]

ShaMaran Petroleum Corp. today released its financial and operating results and related management's discussion and analysis for the three months ended March 31, 20201. View PDF Dr. Adel Chaouch, President and Chief Executive Officer of ShaMaran, commented: "ShaMaran's focus on financial discipline and reducing our debt has resulted in extremely positive results for the Company. Our Q1 EBITDA of $13.5 million is more than [...]

VANCOUVER, BC, April 12, 2021 /CNW/ - ShaMaran Petroleum Corp. is pleased to confirm payment to the Company of $10.5 million from the Kurdistan Regional Government for the February 2021 Atrush oil sales invoice and entitlements and from the KRG's proposed repayment mechanism for receivables. In particular, the February 2021 Atrush sales and entitlements as received are $23.8 million and $6.5 million as the second monthly [...]

ShaMaran Petroleum Corp. is pleased to report in connection with the Company's 12% senior unsecured bonds due 2023 that the Company has purchased Bonds in the market at commercially attractive rates. As a result, Bonds in the principal amount of $4.95 million have been retired. The Company's Bond amortization payment due in December 2021 has accordingly been reduced by 33%. View PDF version. Dr. Adel Chaouch, President [...]

ShaMaran Petroleum Corp. , an oil and gas company with a producing asset in the Kurdistan Region of Iraq, announces that the Company's President and CEO, Dr. Adel Chaouch, will be presenting at the Pareto Securities' 16th annual E&P Independents Conference at 12:50 - 13:10 on March 25, 2021. View PDF version A copy of the presentation will be available on ShaMaran's website www.shamaranpetroleum.com and [...]

ShaMaran Petroleum Corp. is pleased to confirm payment of $21.7 million has been received from the Kurdistan Regional Government for Atrush oil sales invoice entitlements for the month of January 2021. In addition, the Company has also been paid $1.04 million as the first monthly implementation of the KRG's proposed repayment mechanism for receivables. View PDF version OTHER This information is information that ShaMaran [...]