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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 kanerfalkon Apr 20, 2011 12:04pm
378 Views
Post# 18461419

RE: RE: RE: RE: More Shares out. Crap.

RE: RE: RE: RE: More Shares out. Crap.I'm not saying that this is an exact copy of Tanganyika, I'm not saying that we will C$ 31 (or what it was we got for our TYK) for our shares. But it is the same procedure, building up reserves and production and then sell it. Bayou Bend Petroleum was deep sea drilling in the Mex Gulf, a  big difference regarding me (with no oil?), Here we have proven oil!. I believe in this project, for those who don't it's just for them to go and find another one...
Bullboard Posts