ShaMaran Petroleum Corp. confirms receipt of payment today for August 2022 crude oil sales in the amount of $9.36 million net to the Company. View PDF version OTHER This information contains information that ShaMaran is obliged to make public pursuant to the EU Market Abuse Regulation. This information was submitted for publication, through the agency of the contact persons set out below, on January 20, 2023, at 5:30 p.m [...]
ShaMaran Petroleum Corp. : SNM) announced today the Company will be participating in Renmark Financial Communications Inc.'s live Virtual Non-Deal Roadshow Series to discuss its latest investor presentation on Tuesday, December 6, at 2:00 p.m. ET, and Thursday, December 8, at 4:00 p.m. ET. ShaMaran welcomes stakeholders, investors, and other individual followers to register to attend this live event. View PDF version [...]
ShaMaran Petroleum Corp. : SNM) confirms receipt of payment today for July 2022 crude oil sales $10.7 million net to the Company. With this payment the total amount received for the month of July 2022 crude oil sales is $24.29 million net to the Company. View PDF version OTHER This information contains information that ShaMaran is obliged to make public pursuant to the EU Market Abuse Regulation. This information was [...]
ShaMaran Petroleum Corp. confirms receipt of payment for the June 2022 Atrush crude oil sales invoice in the amount of $13.59 million net to the Company. View PDF Version OTHER This information contains information that ShaMaran is obliged to make public pursuant to the EU Market Abuse Regulation. This information was submitted for publication, through the agency of the contact persons set out below, on November 18, 2022 [...]
ShaMaran Petroleum Corp. : SNM) is pleased to announce, following today's news release by Sarsang operator regarding its operational updates and outlook for Q4 2022, that: View PDF. Sarsang gross average daily production is expected to range between 42,000 barrels oil per day and 47,000 bopd and as such the combined gross average daily production of Atrush and Sarsang fields in Q4 2022 is expected to range from 77,000 [...]
ShaMaran Petroleum Corp. : SNM) today released its financial and operating results and related management's discussion and analysis for the three and nine months ended September 30, 2022¹. View PDF version Dr. Adel Chaouch, President and Chief Executive Officer of ShaMaran, commented "The third quarter of 2022 was transformational for ShaMaran. With the closing of the Sarsang Acquisition, we now have stakes in three high [...]
ShaMaran Petroleum Corp. and is pleased to announce the commissioning of Sarsang's 25,000 bopd production facility and the commencement of export via pipeline for oil produced from that facility. Production rates from the new wells and facility are expected to exceed 20,000 bopd by the end of October 2022. View PDF Version. OTHER This information was submitted for publication, through the agency of the contact persons set [...]
ShaMaran Petroleum Corp. : SNM) confirms receipt of payment for the June 2022 Atrush crude oil sales invoice in the amount of $15.27 million net to the Company. View PDF version OTHER This information contains information that ShaMaran is obliged to make public pursuant to the EU Market Abuse Regulation. This information was submitted for publication, through the agency of the contact persons set out below, on October 14 [...]
ShaMaran Petroleum Corp. : SNM) confirms receipt of payment for a June 2022 crude oil sales invoice in the amount of $11.35 million net to the Company. View PDF version OTHER This information contains information that ShaMaran is obliged to make public pursuant to the EU Market Abuse Regulation. This information was submitted for publication, through the agency of the contact persons set out below, on October 11, 2022 at [...]
ShaMaran Petroleum Corp. : SNM) confirms that the Sarsang operator, on behalf of itself and the Company's wholly-owned subsidiary, ShaMaran Sarsang A/S, has signed an amendment to the Sarsang Block Lifting Agreement with the Kurdistan Regional Government regarding the sale and purchase of all crude oil production from Sarsang Block. This amendment became effective retroactively to September 1, 2022. The primary effect of [...]
ShaMaran Petroleum Corp. and : SNM) is pleased to announce that the Company has prepaid in full the Convertible Loan Note issued to an affiliate of TotalEnergies SE in connection with the closing of the Sarsang acquisition announced September 14, 2022. The total consideration of USD 155 million has now been fully paid by the Company for the acquisition and only a contingent payment of USD 15 million remains to be payable [...]
ShaMaran Petroleum Corp. and : SNM) is pleased to announce that the Board of Directors of the Company has appointed Elvis Pellumbi as the new Chief Financial Officer of the Company to join its management team effective October 1, 2022. View PDF version. Mr. Pellumbi has 25 years of investing and capital market experience, with an exclusive focus on the global energy markets for the last 15 years. Most recently he held a [...]
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