ShaMaran Petroleum Corp. SHASF

Primary Symbol: V.SNM

Energy Oil & Gas E&P

ShaMaran is an oil company with production from two adjacent blocks in Kurdistan. To date, cumulative production (100% basis) from its fields has reached over 120 million barrels. The Company is focused on developing the considerable reserve and production upside potential of its projects. ShaMaran is part of the Lundin Group. See the latest MD&A and AIF for important information related to the its projects, description of the Company’s business, reserves, and risk factors.

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ShaMaran Petroleum Corp.

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Post by Charts1on Mar 04, 2022 8:27am

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Post# 34482332

SNM.V energy. Record rev and profits last quater

Atrush Financial

The second quarter of 2021 saw a record profit with net result of $ 6.8 million, resulting in $ 9.3 million net profit for the six months of 2021;
A very strong EBITDAX of $18.4 million for Q2 2021 and $31.9 million for the six months of 2021, over six times the EBITDAX result for the six months of 2020;
The KRG continues to repay the $41.7 million of outstanding receivables for November 2019 to February 2020. At the date of this news release $13.8 million has been invoiced to the KRG and $9.6 million paid; and