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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
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Post by MundellFlemingon Sep 01, 2011 12:33pm
506 Views
Post# 19002993

ShaMaran - PSC

ShaMaran - PSCHas anyone else heard rumors that says that there are talks about some of the companies in Kurdistan will have their PSC taken away and granted to other companies?
I have only heard about this at the Swedish site www.jordanfonden.se and I really find it hard to believe. This opposes all logic, as far as I'm concerned.
I would like to mention that this has not influenced my position in SNM.
Bullboard Posts
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