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ShaMaran Petroleum Corp SHASF


Primary Symbol: V.SNM

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 > SNM value
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Comment by Esiiiiion Nov 22, 2022 8:28am
412 Views
Post# 35118072

RE:SNM value

RE:SNM value


Great observation. They got paid  P/E now is about 1,3 if you include Sarsang-production.

But the company is focusting on growth and bondholders instead of shareholders. This is a problem.

If this changes and company goes to debt free, then together with buybacks, I think we could se the 6kr that Lukas Lundin spoke of.

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