VANCOUVER, BRITISH COLUMBIA--(Marketwired - Aug 10, 2016) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) provides the following operational update. Following the announcement on May 19, 2016 regarding the changed scope of the feeder pipeline from the Atrush block boundary to a tie in point with the main Kurdistan export pipeline (the "Feeder Pipeline"), TAQA Atrush B.V., General [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jun 15, 2016) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) is pleased to report that at the Company's Annual General Meeting held today in Vancouver, shareholders received the consolidated audited financial statements of the Company for the year ended December 31, 2015 and approved all of the resolutions put forward at the meeting, namely [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - June 14, 2016) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) is providing the following corporate update, further to its News Release of March 31, 2016 concerning a review by the Financial Supervisory Authority of Norway ("Finanstilsynet" or "FSAN") of the financial reporting of General Exploration Partners, Inc. ("GEP"), a wholly owned [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 19, 2016) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) is pleased to announce its financial and operating results for the three months ended March 31, 2016. Unless otherwise stated all currency amounts indicated as "$" in this news release are expressed in thousands of United States dollars. Construction of the 30,000 bopd Atrush Phase [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - May 3, 2016) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) is pleased to announce that, further to its news releases dated April 19, 2016 and April 28, 2016, concerning the Company's proposed financing arrangement (the "Financing Arrangement"), the TSX Venture Exchange has approved the conversion of USD $18 million (CAD$22,980,600) of bonds [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - April 28, 2016) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) is pleased to announce that, further to the News Release of April 19, 2016 concerning its financing arrangement, the subscriptions are now complete. The financing arrangement entails that General Exploration Partners, Inc. ("GEP"), a wholly owned subsidiary of ShaMaran which holds [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 19, 2016) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) is pleased to announce that proposed financing arrangement (the "Proposal") has been approved by the holders ("Existing Bondholders") of the USD 150 million bonds registered under ISIN NO 0010692882 (the "Existing Bonds"). Approval of the Proposal was necessary in order for the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Apr 4, 2016) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) refers to the announcement on March 14, 2016 of a proposed financing arrangement (the "Arrangement") to complete its share of the estimated investments required in 2016 in order to deliver the Atrush field into production, and the announcement on March 31, 2016 which cancelled the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 31, 2016) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) is providing the following corporate update concerning a review by the Financial Supervisory Authority of Norway ("Finanstilsynet" or "FSAN") of the financial reporting of General Exploration Partners, Inc. ("GEP"), a wholly owned subsidiary of the Company. As previously [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 18, 2016) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) is pleased to announce its financial and operating results for the year ended December 31, 2015. Unless otherwise stated all currency amounts indicated as "$" in this news release are expressed in thousands of United States dollars. Construction of the 30,000 bopd Atrush Phase 1 [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 14, 2016) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM). The press release issued earlier today in respect of the proposed financing arrangement included an incorrect date for the bondholders' meeting. Due to bank holidays in Norway, the Nordic Trustee had to change the date to April 1, 2016, 13:00 hours in Oslo. A number of Existing [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 14, 2016) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) is pleased to announce a proposed financing arrangement (the "Arrangement") to complete its share of the estimated investments in 2016 in order to deliver the Atrush field into production. The Atrush project is progressing according to plan with first oil targeted mid-2016. The [...]