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 Oct 22, 2014 9:16am

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Post# 23050260

RE:RE:will history repeat it self with lundin? Tanganyika

I didn't say SNMs exit would be 31$ a share... Have you read the psc? Calculate the minimum net profit per barrel, take a few $ of it times SNMs net barrels and you'll get something.. Hopefully there is consolidation time in kurdistan

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