ShaMaran Petroleum Corp V.SNM

Alternate Symbol(s): SHASF

Energy Oil & Gas E&P

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.

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ShaMaran Petroleum Corp

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Comment by Yemenon Dec 21, 2010 4:54pm

248 Views

Post# 17878656

RE: RE: RE: RE: What am I missing here???

VST looks good according to my assessment. 300 feet of porous zone gone through already with another 500 plus to come in the Cretaceous further down hole. Steady drilling progress since the side track. Testing in mid Jan.
Much tighter share structure.
What is not to like?

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