ShaMaran Petroleum Corp.

ShaMaran Petroleum announces that, in connection with the previously announced Rights Offering and as agreed in the standby purchase agreement, the Company has issued an aggregate of 40,906,078 common shares of the Company at a subscription price of CAD 0.10 per share for gross proceeds of CAD 4,090,607.80 to its major shareholders, Lorito Holdings SARL, Zebra Holdings and Investments SARL and Lundin Petroleum BV [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 16, 2015) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) is pleased to announce positive test results from the Atrush-3 well in the eastern part of the Atrush structure (Atrush Phase 2 appraisal area) in the Kurdistan Region of Iraq. Following the testing of the Chiya Khere-6 ("CK-6") Phase 2 area appraisal well announced in January [...]

ShaMaran Petroleum is pleased to announce the successful closing of its previously announced rights offering which expired on February 9, 2015 (and on February 4, 2015 for Rightsholders in Euroclear (Sweden)). The Rights Offering has generated gross proceeds of approximately CAD 75 million which will be used to fund the Company's costs related to the financing, development and operations of the Atrush Block in Kurdistan [...]

ShaMaran Petroleum is pleased to announce that it has filed and obtained receipts from the securities regulators in British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Nova Scotia as well as Sweden for an amendment to its final prospectus dated December 23, 2014 relating to an offering of rights (to subscribe for common shares of ShaMaran for gross proceeds of approximately CAD 75 million. The Amendment was [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 19, 2015) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Corporation") (TSX VENTURE:SNM) (OMX:SNM) provides an operational update on the Chiya Khere-6 well (Atrush Phase 2 area appraisal) in the Kurdistan Region of Iraq. The Chiya Khere-6 ("CK-6") Phase 2 appraisal well was drilled to a total depth of 2,105 metres which was reached on November 5, 2014, after 36 operational [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 19, 2015) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Corporation") (TSX VENTURE:SNM)(OMX:SNM) is pleased to announce changes to its senior management and Board of Directors. Mr. Chris Bruijnzeels has been appointed as the President and Chief Executive Officer of ShaMaran and as a member of the ShaMaran Board of Directors ("the Board") and will replace Mr. Pradeep Kabra [...]

ShaMaran Petroleum is pleased to announce that it has filed a final short form prospectus in the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Nova Scotia relating to an equity rights offering of rights to subscribe for common shares of ShaMaran for gross proceeds of approximately CAD 75 million. The Corporation has also filed the Final Prospectus with the Swedish Financial Supervisory [...]

ShaMaran Petroleum announces an update to the projected timeline for the equity rights offering of rights previously announced on October 15, 2014. Pursuant to the Rights Offering, shareholders will be permitted to subscribe for up to CAD 75 million of common shares of ShaMaran. The Company expects to file its final short form prospectus before the end of the current calendar year, at which time the record date and the [...]

VANCOUVER, BRITISH COLUMBIA--(Marketwired - Dec 11, 2014) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) announces an interim update for reserves and estimated contingent resources for the Atrush block as of November 30, 2014. The reserves and resources update was provided by McDaniel & Associates ("McDaniel"), the Company's independent qualified resources evaluator, in support of the [...]

ShaMaran Petroleum announces that it has filed a preliminary short form prospectus in the provinces of British Columbia, Alberta, Saskatchewan, Manitoba, Ontario and Nova Scotia relating to an equity rights offering of rights to subscribe for common shares of ShaMaran for gross proceeds of up to CAD 75 million. The Corporation has also filed a prospectus relating to the Rights Offering with the Swedish Financial [...]