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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
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Post by FitInvestmenton Jan 15, 2025 4:49am
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Post# 36404378

Iraqi parliament is due to vote on pipeline opening any day

Iraqi parliament is due to vote on pipeline opening any dayIraqi parliament is due to vote on pipeline reopening any day now - major catalyst for the Shamaran stock

"ERBIL — Hadi Al-Amiri, Iraqi politician and head of the Fatah Alliance, said there are no issues between the Kurdistan Regional Government (KRG) and the federal government, adding that the issue of the Region’s oil production costs will soon be voted on in the Iraqi parliament."

"The Iraqi parliament announced that it has completed the report and second reading of the amendment to the budget law. A second debate on the draft amendment is scheduled for Tuesday, January 13, 2025."


https://www.basnews.com/en/babat/872207
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Dealroom for high-potential pre-IPO opportunities