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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 Jan 30, 2012 12:32pm
497 Views
Post# 19465416

Exxon still qualified for oil fields in southern I

Exxon still qualified for oil fields in southern I

Even though scepticism concerning when a oil law will be passed in Iraq and whether it will be "good news" for the companies in Kurdistan still rules the market, I think that there are signs that the oil law can be passed within long.
The latest news coming out of Iraq indicates that the politicial crisis in the country is easing.


Unfortunately the link beneath only shows a part of the article, but I definitely believe it's good news, that Exxon hasn't been disqualified for the coming bid rounds for the South Iraqi oil/gas.

https://www.iraqoilreport.com/politics/oil-policy/4th-bid-round-delayed-exxon-still-qualified-7267/

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