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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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Comment by dhparon Mar 16, 2013 6:46pm
203 Views
Post# 21140788

RE: RE: If you're lazy - kinematik

RE: RE: If you're lazy - kinematik

kinematik, wasn't a KRG back in only for 20%? that's what i remember from 2010. now it looks like it is 25%...was there a change?

in any case the back in was expected and the fact that it happened is just a positive confirmation of Atrush quality/quantity....

i was not in SNM for quite some time but looking into it again..

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities