ShaMaran Petroleum Corp.

ShaMaran Petroleum Corp. reports that TAQA Atrush BV has received USD 7.7 million on behalf of the Atrush co-venturers from the Kurdistan Regional Government as payment towards October 2017 crude oil deliveries to the export market from the Atrush license which were invoiced at USD 7.1 million and USD 0.6 million related to the unpaid portion of the September payment. The Atrush co-venturers reached an agreement with the [...]

ShaMaran Petroleum Corp. reports that operations in the Atrush field in Kurdistan are continuing in a normal, safe and secure manner. Atrush is currently producing at approximately 27 thousand barrels of oil per day and exports are continuing via the Kurdistan Export Pipeline system. Atrush exports for the month of December averaged 26,163 bopd and benefitted from a higher facility uptime than the 90% previously [...]

ShaMaran Petroleum Corp. reports that TAQA Atrush BV has received USD 10.7 million on behalf of the Atrush co-venturers from the Kurdistan Regional Government as payment towards September 2017 crude oil deliveries to the export market from the Atrush license which were invoiced at USD 11.3 million. These funds will be shared according to the terms of the agreements between the Atrush co-venturers. The Atrush co-venturers [...]

ShaMaran Petroleum Corp. is pleased to announce its financial and operating results for the three and nine months ended September 30, 2017. Unless otherwise stated all currency amounts indicated as "$" in this news release are expressed in thousands of United States dollars. HIGHLIGHTS AND DEVELOPMENTS Operations Oil production on the Atrush Block commenced in July 2017. Atrush is currently producing at approximately 26 [...]

ShaMaran Petroleum Corp. reports that TAQA Atrush BV has received USD $7.9 million on behalf of the Atrush co-venturers from the Kurdistan Regional Government as payment for August 2017 crude oil deliveries to the export market from the Atrush license. These funds will be shared according to the terms of the agreements between the Atrush co-venturers. OTHER This is information that ShaMaran Petroleum Corp. is obliged to [...]

ShaMaran Petroleum Corp. reports that operations in the Atrush field in Kurdistan are continuing in a normal, safe and secure manner. Exports from Atrush are continuing via the Kurdistan Export Pipeline system and drilling operations on the CK-7 well are progressing as planned. Atrush production for the month of September averaged 21,400 bopd. In order to address certain production constraints the facilities were shut [...]

ShaMaran Petroleum Corp. reports that TAQA Atrush BV has received on behalf of the Atrush co-venturers USD 1.8 million from the Kurdistan Regional Government as payment for July 2017 crude oil deliveries to the export market from the Atrush license. These funds will be shared according to the terms of the agreements between the Atrush co-venturers. OTHER This is information that ShaMaran Petroleum Corp. is obliged to make [...]

ShaMaran Petroleum Corp. is pleased to report that an agreement for the sale of Atrush oil has been signed between Taqa Atrush BV. and the Kurdistan Regional Government . Under the agreement, the KRG will buy oil exported from the Atrush field by pipeline at the Atrush block boundary based upon the Dated Brent oil price minus approximately $16/bbl for quality discount and all local and international transportation costs [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 19, 2017) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) is pleased to announce that drilling operations have commenced on the Chiya Khere ("CK-7") appraisal and development well in the Atrush Block in the Kurdistan Region of Iraq. CK-7 is located in the central area of the Atrush Block approximately 3 kilometres east of the Atrush 2 [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 15, 2017) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) is pleased to announce its financial and operating results for the six months ended June 30, 2017. Unless otherwise stated all currency amounts indicated as "$" in this news release are expressed in thousands of United States dollars. Chris Bruijnzeels, President and CEO of [...]