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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 Mar 20, 2014 4:53pm
155 Views
Post# 22348289

The U.S. Welcomes the Announcement by the Kurdistan Regional

The U.S. Welcomes the Announcement by the Kurdistan RegionalThe U.S. Welcomes the Announcement by the Kurdistan Regional Government Regarding Oil Exports March 20, 2014 The United States welcomes the decision by the Kurdistan Regional Government (KRG) to begin oil exports of 100,000 barrels-per-day on April 1 through the Iraqi-Turkey pipeline pursuant to existing export arrangements with the Government of Iraq (GOI). We further welcome the commitment from the KRG to ensure that these exports continue in parallel to ongoing talks towards a framework agreement on the management of the hydrocarbon sector. The United States urges the joint GOI-KRG committee, comprising experts from the GOI’s Ministry of Oil and the KRG’s Ministry of Natural Resources, to meet and assess future month-to-month export targets based on technical capacities and in a manner consistent with the Iraqi Constitution..... https://iraq.usembassy.gov/mobile//pr-03202014.html
Bullboard Posts