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ShaMaran Petroleum Corp V.SNM

Alternate Symbol(s):  SHASF

ShaMaran Petroleum Corp. is a Canadian independent oil and gas company focused on the Kurdistan region of Iraq (KRI). The Company is engaged in the business of oil and gas exploration and production and holds interests in production sharing contracts. The Company indirectly holds an 18% working interest (22.5% paying interest) in the Sarsang Block in the KRI through its wholly owned subsidiary ShaMaran Sarsang A/S and a 50% working interest (66.67% paying interest) in the Atrush Block in KRI through its wholly owned subsidiary General Exploration Partners, Inc. (GEP). The Company is focused on developing the considerable reserve and production upside potential of its projects.


TSXV:SNM - Post by User

Bullboard Posts
Comment by bowmacwoodon Dec 06, 2010 12:55am
383 Views
Post# 17804259

RE: 720million market cap on speculation

RE: 720million market cap on speculationYou betcha, it is a WOW, and yes SNM is priced for perfection from Atrush 1.

I think we all are looking at Gulf Keystone that now has a cap of $1.3 billion pounds and is on their second well Shaiken 2. Shaiken 1 put GKP well over $1 billion pounds and I think SNM has more propertys and prospects.

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Bullboard Posts