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.

TSXV:SNM - Post by User

ShaMaran Petroleum Corp

Bullboard Posts

Post by MundellFlemingon Aug 28, 2011 8:31am

632 Views

Post# 18987020

SNM - GKP for sale

"Gulf Keystone Seeks 1.4 Billion-Pound Bid, Sunday Times Says
By Patricia Kuo - Aug 28, 2011 8:59 AM GMT+0200
inShare
More Print Email
Gulf Keystone Petroleum Plc has put itself up for sale, asking for as much as 1.4 billion pounds ($2.3 billion), Sunday Times said.
Chief Executive Todd Kozel told investment banks he will start a “beauty parade” for advisers next month to explore the company’s strategic options, the newspaper reported, citing bankers it didn’t identify.
To contact the reporter on this story: Patricia Kuo in London at pkuo2@bloomberg.net"

This was today posted on a swedish site, by Kanerfalk.

I think this could be the beginning for Kurdish assets to experience a significant rise in valuations.

Bullboard Posts

Global Tungsten Market and Supply Security