Stock Quote & Recent News ShaMaran Petroleum Corp. V.SNM

Alternate Symbol(s): SHASF

Energy Oil & Gas E&P

ShaMaran is an oil company with production from two adjacent blocks in Kurdistan. To date, cumulative production (100% basis) from its fields has reached over 120 million barrels. The Company is focused on developing the considerable reserve and production upside potential of its projects. ShaMaran is part of the Lundin Group. See the latest MD&A and AIF for important information related to the its projects, description of the Company’s business, reserves, and risk factors.

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“The third quarter of 2022 was transformational for ShaMaran. With the closing of the Sarsang Acquisition, we now have stakes in three high quality large producing oil fields (one field in Atrush and two fields in Sarsang) with improved oil qualities and complementary production horizons.”

Dr. Adel Chaouch, President and Chief Executive Officer

Current News (TSXV:SNM)

ShaMaran Corporate Update

Canada NewsWire 3 days ago

ShaMaran Appoints Garrett Soden as President and CEO

Canada NewsWire 13 days ago

SHAMARAN REPORTS STRONG FIRST QUARTER RESULTS

Canada NewsWire May 10, 2023

SHAMARAN ANNOUNCES ANNUAL GENERAL AND SPECIAL MEETING TO BE HELD ON JUNE 22, 2023

Canada NewsWire May 1, 2023

SHAMARAN UPDATES ON RECENT EVENTS

Canada NewsWire March 27, 2023

SHAMARAN SEPTEMBER 2022 PAYMENT RECEIVED

Canada NewsWire March 15, 2023

View More News ››

“The focus on growth remains at the forefront of our plans. The Company is in a good position for significant organic growth over the coming years and will continue to seek out and review good M&A opportunities in Kurdistan and elsewhere that are value accretive and provide continued profitable growth.”

Dr. Adel Chaouch, President and Chief Executive Officer

Opinion & Analysis (TSXV:SNM)

A Petroleum Co. That’s Poised & Positioned to Help Fill the Global Energy Void

Dave Jackson May 17, 2022

An Investor Update on a Profitable Petro Play in Kurdistan

Dave Jackson August 25, 2021

A Unique Petro Play Offering Quality, Growth, and Cash Flow

Dave Jackson April 12, 2021

Interesting times ahead for (V.SNM) ShaMaran Petroleum?

Stockhouse Editorial January 10, 2014

Stockhouse Research: Fission Uranium (V.FCU), ShaMaran Petroleum (V.SNM), Allana Potash (T.AAA) excel

Chris Parry August 27, 2013

Interview with Lukas Lundin

Tommy Humphreys May 6, 2013

View More Opinion ››

“We thank you for your support. We are very grateful to our shareholders and stakeholders and commit to you that the ShaMaran team will be working hard in 2023 to continuously add value.”

Dr. Adel Chaouch, President and Chief Executive Officer

Bullboard Posts (TSXV:SNM)

Now I get it

I've been watching ShaMaran for a couple of months now, and I simply did not get it. Here is a company spewing out tons of cash...

AsISeeIt9 - April 9, 2023

RE:ShaMaran Annual Report 2022

Yadi yadi yadi, where are shareholder returns aka dividends?? I clearly saw "RETURN TO SHAREHOLDERS" in the 2022 presentations...

Esiiiii - March 21, 2023

ShaMaran Annual Report 2022

ShaMaran Reports the Best Annual Financial Performance Since Inception https://shamaranpetroleum.com/news/shamaran-reports-the-best...

Fred57 - March 9, 2023

RE:At last: Payment for Atrush August production

Lste tydligen och fick nys om att en det finns en potentiell kpare som vill kpa ShaMaran Petroleum !! Vi fr hoppas p 2 kr !!

Malmsteen1980 - March 6, 2023

At last: Payment for Atrush August production

https://shamaranpetroleum.com/news/shamaran-august-2022-atrush-payment-received-122833/ VANCOUVER, BC, Feb. 2, 2023 /CNW...

Fred57 - February 3, 2023

Shamaran dividends date?

Would be great to know when shareholder dividends will be instituted Adel? Shamaran, cut management salaries in half until...

Esiiiii - January 25, 2023

View more Bullboard ››

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MESSAGE TO SHAREHOLDERS

ATRUSH OIL PROJECT –
A WORLD CLASS OIL DISCOVERY

CORPORATE PRESENTATIONS

HOW OIL PRODUCTION SHARING CONTRACTS WORK

View the Presentation

Q3 2022 Highlights

The Company delivered oil sales in Q3 2022 of $40 million, 37% higher than Q3 2021;

Cash flow from operations for Q3 2022 was $28 million, over twice that of Q3 2021;

EBITDAX in Q3 2022 was very strong at $33 million, over double the EBITDAX of Q3 2021;

Merger of existing bonds into one single $300 million issue bond, interest on all bonds fully paid on September 26, 2022;

During Q3 2022 the Company bought back more of its own bonds, and currently owns in excess of 10% of the 2025 bond; and

On October 3, 2022, the Company announced that it had prepaid, 11 months ahead of the original maturity date, in full (together with applicable interest) the $20 million Convertible Loan Note issued to an affiliate of TotalEnergies SE in connection with the Sarsang Acquisition closing.

Q3 2022 gross average production of approximately 71,358 bopd, resulting in 16,206 bopd net to ShaMaran;

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ShaMaran Petroleum Corp.
2000 - 885 West Georgia Street
Vancouver, BC
Canada V6C 3E8
Telephone: (604) 689-7842
Fax: (604) 689-4250

For Further Information
Investor.relations@shamaranpetroleum.com

Investor Relations Canada
Sophia Shane
+1 (604) 806-3575

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Stock Quote & Recent News ShaMaran Petroleum Corp. V.SNM

Alternate Symbol(s): SHASF

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Stock Price Chart (TSXV:SNM)

Fundamentals Snapshot (TSXV:SNM)

Current News (TSXV:SNM)

Opinion & Analysis (TSXV:SNM)

Bullboard Posts (TSXV:SNM)

Q3 2022 Highlights

TWITTER

FACEBOOK

IR CONTACT