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.

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ShaMaran Petroleum Corp

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Comment by kinematikon Apr 23, 2014 2:07pm

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Post# 22482462

RE:RE:RE:RE:RE:SHAMARAN ATRUSH-4 GROSS COLUMN ABOUT 580 METERS-CEO (Directl

Prodrive, yes, I'm disapointed with the SP and the lack of information by the company. Can't say why they are so tight on info. But the Lundins have a very good track record for giving PI's huge returns for those who stayed. The Kurds now have their pipeline, Turkey needs energy, Bagdads pipeline dosnt work and is no longer controlled by the ICG. Elections next week also.. We just have to see what will happen after that. The road will be bumpy but I think Lundin will be able to sell this company for alot more than 0,42 cad. An alternative could be that the mothership Lundin Petroleum picks us up..SNMs 24k bopd would fit them alright I think. Imho

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