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

Bullboard Posts

Post by tpaymanson Jun 05, 2014 10:09am

182 Views

Post# 22632876

Volume

There is a big difference between Stockholm volume (like 1 million shares in one hour) or Canadian venture stockexchange: only 5000 shares has been traded thusfar.
There is not much appetite for trading in Toronto; to much shares has been moved to Sweden.

This (in my opinion) causes a not realistic price building in Canada, they just follow the price in Sweden

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