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ShaMaran Petroleum Corp V.SNM

Alternate Symbol(s):  SHASF

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

Bullboard Posts
Comment by jdchenon Aug 26, 2013 6:21pm
308 Views
Post# 21699036

RE:RE:NEWS - Atrush-3 Well Confirms Extension of Field Area 6.5km to the East

RE:RE:NEWS - Atrush-3 Well Confirms Extension of Field Area 6.5km to the East I'm not an expert by any means but it seems there are some positives and negatives.

Positives:
- The fact that the field extends out to the east is huge, provides more info on the size of the field
- We got some good core that will allow us to get more information on the reservoir characteristics

Negatives
- It seemed like the flow rates were a bit light
- I don't think they located the OWC

But overall, my feeling is that it is incrementally positive,
Bullboard Posts