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 kinematikon Jun 18, 2014 1:26pm

371 Views

Post# 22671744

IR Sophia mail

Good afternoon!

At the AGM today, Pradeep gave a synopsis of the situation in Iraq. It¿s very complicated, very fluid and full of age-old resentments. Despite of all the volatility we read about in the press, it is business as usual in Kurdistan - there has been no impact on any operations including Atrush. So we just carry on. Drilling of the CK5 well is underway. Work on the development of the field is underway and on schedule.

Best regards,

Sophia

Bullboard Posts

Mastering options Greeks: Essential knowledge for informed trading