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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
Post by kinematikon Feb 26, 2014 10:27am
276 Views
Post# 22252860

SHAMARAN: results ATRUSH-4 is EXPECTED SOON

SHAMARAN: results ATRUSH-4 is EXPECTED SOONSHAMARAN: results ATRUSH-4 is EXPECTED SOON 2014-02-26 16: 09 STOCKHOLM (Bloomberg) Drilling results from the fourth exploration well in the Kurdish Atrush field, Atrush-4, should be reported soon. The State oil exploration company's spokesperson Sophia Shane Direct News Agency on Wednesday in an e-mail. She sounds, however, understand that the field's operator, Taqa, still testing the well. At the beginning of February, Managing Director Pradeep Kabra to Direct that results were expected by the end of February from the well, which began to be drilled on October 20 last year. On Shamarans resource update is expected to also soon declare Sophia Shane without being able to pinpoint more closely. Furthermore, the company's financial statement, scheduled for March 13, according to the spokesperson. Shamarans stake in Atrush-field, which is located in the Iraqi part of Kurdistan, is around 20 percent while Taqa, the field's operator, has a share of around 40 percent. Henrik Svensson + 46 8 5191 7924 The News Agency Directly https://www.avanza.se/placera/telegram/2014/02/26/shamaran-resultat-atrush-4-vantas-snart.html
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