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Bullboard - Stock Discussion Forum
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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TSXV:SNM - Post Discussion
ShaMaran Petroleum Corp
> al Hamdu li Llah
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•••
hikari
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Post by
hikari
on Jan 21, 2023 8:48am
al Hamdu li Llah
https://shamaranpetroleum.com/news/shamaran-august-2022-payment-received-122832/
As shareholder of a company in North Irak Kurdistan you need pain and suffering money. I think without this payment the relationship with the Kurds would have turned sour.
When you check the Pareto presentations, you can see that the oil companies have itemized the missing payments from the Kurds.
Hopefully the other and next payments make up ground and will be on time!
(5)
•••
joe0301
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Comment by
joe0301
on Jan 22, 2023 12:54am
This post has been removed in accordance with Community Policy
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