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Bullboard - Stock Discussion Forum ShaMaran Petroleum Corp. V.SNM

Alternate Symbol(s):  SHASF

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. > 11.35 million $
View:
Post by hikari on Oct 11, 2022 10:55am

11.35 million $

Did SNM get the 11.35 million $ just for the Atrush oil production or for the Atrush PLUS the Sarsang oil production?

https://stockhouse.com/news/press-releases/2022/10/11/shamaran-june-2022-payment-received
Comment by Fred57 on Oct 14, 2022 7:00pm
$11.35 million for Sarsang $15.27 million for Atrush Totally $26.62 million for june crude oil sales ...
Comment by hikari on Oct 15, 2022 3:06am
nice $26.62 million for June 2022 With a free cash flow SNM should breath easier And we are moving from 20,000 bbl/d to 50,000 bbl/d in the next 3 years. "Just" need to drill more development wells in Artrush and Sarsang
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