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Bullboard - Stock Discussion Forum ShaMaran Petroleum Corp. SHASF


Primary Symbol: V.SNM

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... see more

TSXV:SNM - Post Discussion

ShaMaran Petroleum Corp. > al Hamdu li Llah
View:
Post by hikari on Jan 21, 2023 8:48am

al Hamdu li Llah

https://shamaranpetroleum.com/news/shamaran-august-2022-payment-received-122832/

As shareholder of a company in North Irak Kurdistan you need pain and suffering money. I think without this payment the relationship with the Kurds would have turned sour.

When you check the Pareto presentations, you can see that the oil companies have itemized the missing payments from the Kurds.

Hopefully the other and next payments make up ground and will be on time!
Comment by joe0301 on Jan 22, 2023 12:54am
This post has been removed in accordance with Community Policy
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