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 cableslackon Aug 19, 2013 4:26pm

372 Views

Post# 21681823

RE:RE:RE:SNM looking strong....Atrush 3 sounds like yet another big gusher

Yes the Q2 had some good news with the confirmation of communication between AT-1 and 2. Couple that together with good test results from AT-3 and you have one big run up and easy future financing. Everybody is happy.
So where is the happy news from AT-3. The idea that the tests require "time to analyze" to me means spin doctors at work.

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