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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 Jun 17, 2014 12:12pm
222 Views
Post# 22666974

TAQA says work at Atrush unaffected

TAQA says work at Atrush unaffected

The escalating conflict in Iraq does not appear to have affected the operations of UAE businesses in the Kurdish region in the north of the country.

“We have not evacuated staff,” said a spokesman for Abu Dhabi National Energy Company (Taqa), which has extensive oil and gas interests in the region.

“Our operations at the Atrush block and offices in Erbil remain unaffected by the events. We are monitoring the security situation in Iraq together with our government partners.”

Sharjah’s Dana Gas yesterday said that its operations in the Kurdish region were “uninterrupted in light of recent events in Iraq.

“All our facilities and people are safe and there have been no incidents affecting our operations.”

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