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(2022-05-25 | TSXV:SNM) SHAMARAN ANNOUNCES SUCCESSFUL RIGHTS OFFERING DETAILS

ShaMaran Petroleum has released its financial and operating results and related management's discussion and analysis (MD&A) for the three months and year ended December 31, 2021. Dr. Adel Chaouch, President and Chief Executive Officer of ShaMaran, commented: "2021 has been a transformational year for ShaMaran. The Company generated the highest annual oil sales revenues in

Iraq: ShaMaran acquires TotalEnergies interest in the Sarsang PSC in Kurdistan 14 Jul 2021 TotalEnergies to acquire its affiliate ( TEPKRI Sarsang) holding an 18% non-operated participating interest in the Sarsang Production Sharing Contract in the Kurdistan Region of Iraq for an initial consideration of USD 155 million plus working capital adjustments amounting to U SD 14.2 million as of January 1, 2021.  An additional contingent consideration of USD 15 million is payable in the future as more fully described below.  The Acquisition is transformative to ShaMaran’s production, reserves...

VANCOUVER, BC, June 4, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV:SNM) (Nasdaq First North Growth Market: ...

Mar 11, 2021 Don Hauka, Market One Media A look at the Atrush operation. , Image courtesy of Market One Media After a tumultuous year, investors are banking on a rebound in the oil sector Like many in the industry, ShaMaran Petroleum faced their share of challenges in 2020 and was able to overcome them with careful planning and attention to detail The company is now well-positioned to capitalize on the emerging supercycle and upswing in the oil industry As the world starts to recove...