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ShaMaran Petroleum Corp. (V:SNM)

Business Focus: Oil & Gas Exploration and Production (NEC)

Aug 09, 2022 06:00 pm ET
SHAMARAN REPORTS RECORD QUARTERLY OIL SALES REVENUES AND RECORD OPERATIONAL CASH FLOWS
VANCOUVER, BC, Aug. 9, 2022 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) today released its financial and operating results and related management's discussion and analysis (MD&A) for the three and six months ended June 30, 2022¹. View PDF
Aug 02, 2022 05:30 pm ET
SHAMARAN COMPLETES 2025 BOND SEMI-ANNUAL INTEREST PAYMENT
VANCOUVER, BC, Aug. 2, 2022 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) and (Nasdaq First North Growth Market (Sweden): SNM) announces that the July 2022 interest payment on its Bond maturing 20251 was paid on August 2, 2022 instead of August 1, 2022.  This slight delay was due to inter-banking administrative matters that were resolved once the Company became aware. View PDF Version.
Jul 27, 2022 11:30 am ET
SHAMARAN FOUNDER LUKAS H. LUNDIN PASSES AWAY
VANCOUVER, BC, July 27, 2022 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) regrets to announce the death of the Company's founder, Mr. Lukas H. Lundin, in Geneva, Switzerland on 26 July 2022 at the age of 64, following a two-year battle with brain cancer.  View PDF version
Jul 25, 2022 06:30 pm ET
ATRUSH OPERATIONS UPDATE
VANCOUVER, BC, July 25, 2022 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) announces this Atrush operations update: View PDF version.
Jul 15, 2022 09:15 am ET
SHAMARAN APRIL 2022 PAYMENTS RECEIVED
VANCOUVER, BC, July 15, 2022 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market: SNM) confirms receipt of payment for the April 2022 Atrush sales and entitlements at $ 35.36 million ($ 13.01 million net to the Company). View PDF Version 
Jul 12, 2022 05:30 pm ET
SHAMARAN ANNOUNCES SARSANG ACQUISITION PROGRESS
VANCOUVER, BC, July 12, 2022 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) and (Nasdaq First North Growth Market (Sweden): SNM) is pleased to announce that the long stop date in the Sarsang Acquisition has been extended until November 12, 2022.  ShaMaran has now signed the relevant document relating to the approval by the Kurdistan Regional Government (KRG) of this transaction and ShaMaran looks forward to the signing in due course of the relevant documents by the other parties, including the KRG. ShaMaran will keep the market informed when completion of this tra
Jun 27, 2022 05:30 pm ET
SHAMARAN MARCH 2022 PAYMENTS RECEIVED
VANCOUVER, BC, June 27, 2022 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) confirms receipt of payment for the March 2022 Atrush sales and entitlements at $ 43.66 million ($ 16.07 million net to the Company). View PDF version
Jun 23, 2022 05:30 pm ET
SHAMARAN ANNOUNCES ANNUAL GENERAL MEETING RESULTS
VANCOUVER, BC, June 23, 2022 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM)) is pleased to report that at the Company's Annual General Meeting (the "Meeting") held today in Vancouver, shareholders received the consolidated audited financial statements of the Company for the year ended December 31, 2021 and approved all of the resolutions put forward at the Meeting, namely: View PDF
May 31, 2022 05:30 pm ET
SHAMARAN FEBRUARY 2022 PAYMENTS RECEIVED
VANCOUVER, BC, May 31, 2022 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) confirms receipt of payment for the February 2022 Atrush sales and entitlements at $31.69 million ($11.66 million net to the Company). View PDF version.
May 25, 2022 05:30 pm ET
SHAMARAN ANNOUNCES SUCCESSFUL RIGHTS OFFERING DETAILS
VANCOUVER, BC, May 25, 2022 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) is pleased to announce further details following the Company's news release of May 20, 2022 with respect to the Company's rights offering (the "Rights Offering") that was oversubscribed by the Company's shareholders and no call on the standby commitment of Nemesia S.à.r.l.1 was required. ShaMaran has issued 558,242,414 common shares of the Company (the "Common Shares") at the price of CAD $0.06825 (SEK 0.52) per Common Share being the maximum
May 23, 2022 05:30 pm ET
SHAMARAN REPORTS NEW RECORD QUARTERLY OIL SALES REVENUES AND RECORD OPERATIONAL CASH FLOWS
VANCOUVER, BC, May 23, 2022 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) today released its financial and operating results and related management's discussion and analysis (MD&A) for the three months ended March 31, 2022¹. View PDF version.
May 20, 2022 08:30 pm ET
SHAMARAN ANNOUNCES EXPIRY OF RIGHTS OFFERING
VANCOUVER, BC, May 20, 2022 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) is pleased to announce that further to ShaMaran's news releases of April 5, 2022, April 7, 2022 and April 26, 2022, the Company's rights offering (the "Rights Offering") expired at 5:00 p.m. (Eastern time) today. Pursuant to the Rights Offering, each ShaMaran shareholder of record on April 13, 2022 who was an Eligible Holder or Approved Holder (as such terms were defined in the Company's Rights Offering circular dated April 5, 2022, as amende
May 04, 2022 05:30 pm ET
SHAMARAN JANUARY 2022 PAYMENTS RECEIVED
VANCOUVER, BC, May 4, 2022 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) confirms receipt of payment for the January 2022 Atrush sales and entitlements at $30 million ($11.04 million net to the Company). PDF Version
Apr 26, 2022 05:30 pm ET
SHAMARAN PUBLISHES SUPPLEMENT TO PROSPECTUS
/NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, WITHIN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA, SWITZERLAND, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR REQUIRE ANY OTHER MEASURES THAN REQUIRED BY SWEDISH OR CANADIAN LAW./
Apr 25, 2022 05:30 pm ET
SHAMARAN REPORTS 2021 FINANCIAL RESULTS WITH RECORD REVENUES, EBITDAX OVER THREE TIMES THE PREVIOUS YEAR, CASH FLOW FROM OPERATIONS CLOSE TO FIVE TIMES THE PREVIOUS YEAR AND ATRUSH 2P RESERVES REPLACE
VANCOUVER, BC, April 25, 2022 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) today released its financial and operating results and related management's discussion and analysis (MD&A) for the three months and year ended December 31, 20211. View PDF version.
Apr 14, 2022 05:30 pm ET
SHAMARAN CEO TO PRESENT AT VIRTUAL TOWN HALL MEETING ON APRIL 27, 2022
VANCOUVER, BC, April 14, 2022 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX: SNM) (Nasdaq First North Growth Market (Sweden): SNM) is pleased to announce that the Company will be hosting a virtual town hall meeting on April 27, 2022 at 18:00 CET (12:00 ET). View PDF
Apr 12, 2022 05:30 pm ET
SHAMARAN ANNOUNCES EXCLUSIVE CORPORATE SPONSORSHIP IN A FIRST-OF-ITS-KIND CLIMATE ACTION PROGRAM IN KURDISTAN AND A RIGHTS OFFERING UPDATE
VANCOUVER, BC, April 12, 2022 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) is very pleased to announce that ShaMaran has become the exclusive corporate sponsor for Hasar Vision 2025 Program, supporting its marquee initiative the Hasar re-forestation project, a comprehensive multi-year urban re-forestation project.  This initiative is being developed by Hasar Organization for Earth Sciences ("Hasar"), a climate action non-government organization based in Kurdistan. View PDF version.
Apr 07, 2022 08:30 am ET
SHAMARAN PUBLISHES SWEDISH PROSPECTUS IN CONNECTION WITH AN UNDERWRITTEN RIGHTS ISSUE AND CORPORATE UPDATES
VANCOUVER, BC, April 7, 2022 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) and (Nasdaq First North Growth Market (Sweden): SNM) is pleased to announce that the board of directors of the Company has prepared a prospectus (the "Prospectus") in connection with the rights issue of up to approximately USD 30.5 million (290.2 million SEK1) (the "Rights Issue") previously announced in the news release of April 5, 2022.  The Prospectus has today been approved and registered by the Swedish Financial Supervisory Authority (Sw. Finansinspektionen) and is available on the Co
Apr 05, 2022 03:47 am ET
SHAMARAN ANNOUNCES RIGHTS OFFERING UNDERWRITTEN BY MAJOR SHAREHOLDER AND AN IMPORTANT NOTICE TO HOLDERS OF SHAMARAN SHARES IN EUROCLEAR SWEDEN
/NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, WITHIN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA, SWITZERLAND, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR REQUIRE ANY OTHER MEASURES THAN REQUIRED BY SWEDISH OR CANADIAN LAW./
Apr 05, 2022 03:30 am ET
SHAMARAN ANNOUNCES RIGHTS OFFERING UNDERWRITTEN BY MAJOR SHAREHOLDER AND AN IMPORTANT NOTICE TO HOLDERS OF SHAMARAN SHARES IN EUROCLEAR SWEDEN
/NOT FOR RELEASE, DISTRIBUTION OR PUBLICATION, DIRECTLY OR INDIRECTLY, WITHIN OR INTO THE UNITED STATES OF AMERICA, AUSTRALIA, HONG KONG, JAPAN, NEW ZEALAND, SINGAPORE, SOUTH AFRICA, SWITZERLAND, OR ANY OTHER JURISDICTION IN WHICH THE RELEASE, DISTRIBUTION OR PUBLICATION WOULD BE UNLAWFUL OR REQUIRE ANY OTHER MEASURES THAN REQUIRED BY SWEDISH OR CANADIAN LAW./
Mar 31, 2022 05:30 pm ET
SHAMARAN DECEMBER 2021 PAYMENTS RECEIVED AND CORPORATE UPDATE
VANCOUVER, BC, March 31, 2022 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (NASDAQ First North Growth Market (Sweden): SNM) confirms receipt of payment for the December 2021 Atrush sales and entitlements at $29.38 million ($10.81 million net to the Company). View PDF
Mar 04, 2022 01:00 am ET
SHAMARAN NOVEMBER 2021 PAYMENTS RECEIVED AND ANNOUNCES CHANGE IN CERTIFIED ADVISER ON NASDAQ FIRST NORTH GROWTH MARKET
VANCOUVER, BC, March 4, 2022 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market (Stockholm): SNM) confirms receipt of payment for the November 2021 Atrush sales and entitlements at $24.02 million ($8.84 million net to the Company). View PDF version
Jan 26, 2022 12:00 pm ET
SHAMARAN OCTOBER 2021 PAYMENTS RECEIVED
VANCOUVER, BC, Jan. 26, 2022 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (SNM: TSXV and Nasdaq First North Growth Market (Sweden)) confirms receipt of payment for the October 2021 Atrush sales and entitlements at $36.12 million ($13.29 million net to the Company).  View PDF version
Jan 05, 2022 04:30 pm ET
ShaMaran January 2022 Interest Payment on Bond Maturing 2023 Timely Paid in Full and Corporate News
VANCOUVER, BC, Jan. 5, 2022 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market: SNM) is pleased to announce that the January 2022 interest payment due on its Bond maturing 20231 has been timely paid in full. View PDF version
Dec 10, 2021 04:30 pm ET
ShaMaran Completes 2023 Bond Amortization Payment
VANCOUVER, BC, Dec. 10, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) is pleased to announce that the Company has today successfully completed the required December 2021 amortization payment which reduces the outstanding principal amount of the 2023 Bond1 to US$ 175 million. View PDF version.
Dec 07, 2021 06:45 am ET
ShaMaran Announces Dates for 2023 Bond Amortization Payment
VANCOUVER, BC, Dec. 7, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSVX: SNM and Nasdaq First North Growth Market: SNM) is pleased to announce that the close of business in Vancouver, Canada on Wednesday December 8, 2021 has been set as the Record Date for Bondholders of the ShaMaran 2023 Bond1 to receive their pro rata share of the remaining $5 million amortization payment due in December 2021 plus accrued interest. The payment date for this amortization is scheduled for Friday, December 10, 2021. View PDF version.
Dec 06, 2021 07:45 am ET
ShaMaran September 2021 Payments Received
VANCOUVER, BC, Dec. 6, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) confirms receipt of payment for the September 2021 Atrush sales and entitlements at $31.99 million ($11.77 million net to the Company). View PDF version
Nov 09, 2021 04:30 pm ET
ShaMaran Reports Record Oil Sales Quarterly Revenues
VANCOUVER, BC, Nov. 9, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market: SNM) today released its financial and operating results and related management's discussion and analysis for the three and nine months ended September 30, 20211. View PDF version.
Nov 04, 2021 03:45 pm ET
The Power Play by The Market Herald Releases New Interviews with Logiq, Northstar Gold and ShaMaran Discussing Their Latest News
VANCOUVER, BC / ACCESSWIRE / November 4, 2021 / The Power Play by The Market Herald has announced the release of new interviews with Logiq, Northstar Gold and ShaMaran discussing their latest press releases.
Nov 03, 2021 12:30 pm ET
ShaMaran August 2021 Payments Received
VANCOUVER, BC, Nov. 3, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) confirms receipt of payment for the August 2021 Atrush sales and entitlements at $32.1 million ($11.8 million net to the Company). View PDF version
Oct 05, 2021 11:30 am ET
ShaMaran July 2021 Payments Received
VANCOUVER, BC, Oct. 5, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) confirms receipt of payment for the July 2021 Atrush sales and entitlements at $35.3 million ($13 million net to the Company). View PDF version
Sep 27, 2021 05:30 pm ET
ShaMaran and its President & CEO Dr. Adel Chaouch Selected as 2021 S&P Global Platts Global Energy Awards Finalist
VANCOUVER, BC, Sept. 27, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market: SNM) is pleased to announce that ShaMaran and separately Dr. Adel Chaouch, the Company's President and CEO, have both been named a finalist in the 23rd annual S&P Global Platts Global Energy Awards. The 2021 Finalists were announced on September 23, 2021 by program host S&P Global Platts, the leading global provider of energy and commodities information and spot market benchmarks. View PDF version.
Sep 14, 2021 01:15 pm ET
ShaMaran Announces 50 MMBbls Production Milestone Achieved
VANCOUVER, BC, Sept. 14, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market: SNM) is pleased to announce that the Atrush block, Kurdistan Region of Iraq, has surpassed the cumulative oil production milestone of 50 million barrels since its first oil in July 2017. View PDF version.
Sep 13, 2021 05:30 pm ET
ShaMaran to Present at Pareto Securities Energy Conference
VANCOUVER, BC, Sept. 13, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market: SNM) announces that the Company's President and Chief Executive Officer, Dr. Adel Chaouch, will be presenting at the Pareto Securities Energy virtual conference on Wednesday, September 15, 2021, at 10:25 a.m. Central European Summer Time (CEST). View PDF version.
Sep 02, 2021 06:00 pm ET
ShaMaran June 2021 Payments Received
VANCOUVER, BC, Sept. 2, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (NASDAQ First North Growth Market: SNM) confirms receipt of payment for the June 2021 Atrush sales and entitlements at $26.6 million ($9.8 million net to the Company). View PDF version.
Aug 25, 2021 01:00 am ET
ShaMaran to Present at Virtual Town Hall Meeting on September 2, 2021
VANCOUVER, BC, Aug. 25, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (NASDAQ First North Growth Market: SNM), is an oil and gas company with a producing asset in the Kurdistan Region of Iraq.  The Company has a 27.6% interest in the Atrush block and, upon the successful closing of the acquisition announced on July 12, 2021 with a TotalEnergies S.E. affiliate, the Company will then also have an 18% interest in the neighbouring Sarsang block. View PDF version
Aug 10, 2021 05:30 pm ET
ShaMaran Reports Record Profits and EBITDAX Over 6 Times Higher Than 2020
VANCOUVER, BC, Aug. 10, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) today released its financial and operating results and related management's discussion and analysis for the three and six months ended June 30, 20211.  View PDF version
Jul 30, 2021 01:00 pm ET
ShaMaran Closes Initial USD 111.5 Million Bond Issue
VANCOUVER, BC, July 30, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (NASDAQ First North Growth Market: SNM) is pleased to announce that it has completed the initial issue of USD 111.5 million principal amount of 12% senior unsecured bonds due 2025, which settled today and were issued at 98.5% of nominal value for gross cash proceeds of USD 109.8 million.  The bonds issued today form part of the larger USD 300 million senior unsecured bond 2021/2025 (ISIN NO 0011057622) previously announced on July 16, 2021, of which the USD 188.5 million balance will be is
Jul 27, 2021 05:30 pm ET
ShaMaran May 2021 Payments Received
VANCOUVER, BC, July 27, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market: SNM) confirms receipt of payment for the May 2021 Atrush sales and entitlements at $31 million ($11.4 million net to the Company). View PDF version
Jul 27, 2021 09:40 am ET
ShaMaran Proposals to Bondholders Approved
VANCOUVER, BC, July 27, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market: SNM) provides the following update to stakeholders in connection with the Company's news releases dated July 12, 2021 and July 16, 2021 regarding the written resolutions and summons containing certain proposals that were submitted to the Bondholders relating to the Company's 12% senior unsecured bonds due 2023 (ISIN: NO 001082645.6) and for the issuance of the Company's 12% senior unsecured bonds due 2025 (ISIN No. 0011057622) ("New Bond"). View PDF versi
Jul 16, 2021 12:25 pm ET
IIROC Trading Resumption - SNM
VANCOUVER, BC, July 16, 2021 /CNW/ - Trading resumes in:
Jul 16, 2021 12:21 pm ET
IIROC Trading Halt - SNM
VANCOUVER, BC, July 16, 2021 /CNW/ - The following issues have been halted by IIROC:
Jul 16, 2021 12:00 pm ET
ShaMaran Announces Successful Placement of New USD 300 Million Bond
VANCOUVER, BC, July 16, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (NASDAQ First North Growth Market: SNM) is pleased to announce that a new USD 300 million bond, with 4-year tenor has been priced at 12% fixed semi-annual coupon. The new bond is issued at 98.5% of nominal value which is applicable to both new money under the Initial Issue Amount of USD 111.5 million and the refinancing of existing debt under the Tap Issue. Settlement of the Initial Issue Amount is expected to be on July 30, 2021. The proceeds from the bond issue will be used to refinance
Jul 09, 2021 11:00 am ET
ShaMaran Update on Atrush CK-17 Production Well
VANCOUVER, BC, July 9, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market: SNM) refers to the Company's news release dated June 4, 2021 that announced the TD of the Atrush CK-17 production well ("CK-17") and is pleased to make the following update that CK-17 has been delivered under budget during Q2 2021, has been bought on-line on June 11, 2021 and has been producing at approximately 2,000 bopd to increase Atrush gross production rate to be in excess of 44,000 bopd. View PDF version
Jul 06, 2021 05:30 pm ET
ShaMaran Announces July 2021 Interest Payment to Bondholders Timely Paid in Full and Corporate News
VANCOUVER, BC, July 6, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market: SNM) is pleased to announce that the July 2021 interest payment due on its 12% senior unsecured bonds due 2023 (ISIN: NO 001082645.6) has been timely paid in full to all the Company's bondholders. View PDF version.
Jun 28, 2021 12:00 pm ET
ShaMaran April 2021 Payments Received
VANCOUVER, BC, June 28, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) confirms receipt of payment for the April 2021 Atrush sales and entitlements at $27.86 million ($10.25 million net to the Company). View PDF version
Jun 23, 2021 01:30 pm ET
ShaMaran Announces Annual General Meeting Results
VANCOUVER, BC, June 23, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) is pleased to report that at the Company's Annual General Meeting (the "Meeting") held today in Vancouver, shareholders received the consolidated audited financial statements of the Company for the year ended December 31, 2020 and approved all of the resolutions put forward at the Meeting, namely: View PDF version
Jun 07, 2021 12:30 pm ET
ShaMaran to Present at Småbolagsdagarna 2021 Today
VANCOUVER, BC, June 7, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) announces a time change in connection with ShaMaran's presentation at the Småbolagsdagarna 2021 which is now at 19:30 CET today.  The presentation can be followed live at aktiespararna.se/tv/live and is open to the public and does not require membership in Aktiespararna or registration in order to follow the event digitally. View PDF version
Jun 04, 2021 06:45 pm ET
ShaMaran Announces 45MMBbls Milestone Achieved and Other News
VANCOUVER, BC, June 4, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market: SNM) makes the following announcements: View PDF version.
May 20, 2021 12:15 pm ET
ShaMaran March 2021 Payments Received
VANCOUVER, BC, May 20, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) confirms receipt of payment for the March 2021 Atrush sales and entitlements at $27.2 million ($10 million net to the Company).  The Company is also in receipt of $655 thousand net to the Company that reflects an offset in the Kurdistan Regional Government ("KRG") receivable repayment mechanism. View PDF version
May 17, 2021 05:30 pm ET
ShaMaran announces Annual General Meeting of Shareholders to be held on June 23, 2021
VANCOUVER, BC, May 17, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) is pleased to announce that its Annual General Meeting (the "Meeting") of Shareholders will be held on Wednesday, June 23, 2021 at 8:00 am (Pacific Time) at Suite 2000, 885 West Georgia Street, Vancouver, British Columbia, V6C 3E8 for the following purposes: 
May 13, 2021 12:00 pm ET
ShaMaran Reports KRG Proposed Amendments to Payment Terms
VANCOUVER, BC, May 13, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM), in line with other producing IOCs in Kurdistan, has received a letter from the Kurdistan Regional Government ("KRG") proposing an amendment, starting with the March 2021 oil sales and entitlement invoice, to payment terms due to the ongoing challenges in Iraq with the COVID-19 pandemic. View PDF version
May 05, 2021 05:30 pm ET
ShaMaran Reports Strong Q1 Results as EBITDA Increases 104% Year-Over-Year and $10MM Bond Repayment Made Ahead of Schedule
VANCOUVER, BC, May 5, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market: SNM) today released its financial and operating results and related management's discussion and analysis for the three months ended March 31, 20201. View PDF
Apr 12, 2021 12:15 pm ET
ShaMaran February 2021 Payments Received
VANCOUVER, BC, April 12, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market: SNM) is pleased to confirm payment to the Company of $10.5 million from the Kurdistan Regional Government ("KRG") for the February 2021 Atrush oil sales invoice and entitlements and from the KRG's proposed repayment mechanism for receivables.  In particular, the February 2021 Atrush sales and entitlements as received are $23.8 million ($8.1 million net to the Company) and $6.5 million ($2.4 million net to the Company) as the second monthly payment receiv
Apr 06, 2021 05:30 pm ET
ShaMaran Bond Amortization Payment Due December 2021 Reduced by 33%
VANCOUVER, BC, April 6, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market: SNM) is pleased to report in connection with the Company's 12% senior unsecured bonds due 2023 (ISIN: NO 001082645.6) (the "Bonds") that the Company has purchased Bonds in the market at commercially attractive rates.  As a result, Bonds in the principal amount of $4.95 million have been retired.  The Company's Bond amortization payment due in December 2021 has accordingly been reduced by 33%. View PDF version.
Mar 18, 2021 11:30 am ET
ShaMaran to Present at Pareto Securities' 16th Annual E&P Independents Conference
VANCOUVER, BC, March 18, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market: SNM), an oil and gas company with a producing asset in the Kurdistan Region of Iraq, announces that the Company's President and CEO, Dr. Adel Chaouch, will be presenting at the Pareto Securities' 16th annual E&P Independents Conference at 12:50 – 13:10 (CET) on March 25, 2021. View PDF version
Mar 09, 2021 01:30 am ET
ShaMaran January 2021 Payments Received
VANCOUVER, BC, March 9, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market Sweden: SNM) is pleased to confirm payment of $21.7 million ($7.3 million net to the Company) has been received from the Kurdistan Regional Government ("KRG") for Atrush oil sales invoice entitlements for the month of January 2021.  In addition, the Company has also been paid $1.04 million as the first monthly implementation of the KRG's proposed repayment mechanism for receivables. View PDF version
Mar 03, 2021 04:30 pm ET
ShaMaran Reports 2020 Financial Results and Corporate Update
VANCOUVER, BC, March 3, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market: SNM) today released its financial and operating results and related management's discussion and analysis (MD&A) for the three months and year ended December 31, 20211.  View PDF version
Feb 15, 2021 04:30 pm ET
ShaMaran Reports Atrush 2P Reserves Replacement Ratio of 108% and Provides 2021 Guidance
VANCOUVER, BC, Feb. 15, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market: NSM) is pleased to report an increase in the Atrush Property Gross 2P reserves to 109.9 MMbbls at December 31, 2020, up from 108.5 MMbbls at the end of 2019. Taking into account 2020 production, this equates to a 2P reserves replacement ratio of 108% and an increase in the Company's gross 2P reserves from 29.9 MMbbls to 30.3 MMbbls. Reserves and contingent resources estimates were provided by McDaniel & Associates Consultants Ltd. ("McDaniel"), the Co
Feb 10, 2021 04:30 pm ET
ShaMaran to Present at SpareBank 1 2021 Digital Energy Conference
VANCOUVER, BC, Feb. 10, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market: SNM), an oil and gas company with a producing asset in the Kurdistan Region of Iraq, announces that the Company's President and CEO, Dr. Adel Chaouch, will be presenting at the SpareBank 1 Markets Digital Energy Conference on February 17, 2021.  Dr. Chaouch will present as part of a Kurdistan panel discussion between 11:00 a.m. and 12:15 p.m. CET and subsequently as part of a Lundin Group panel discussion between 12:15 p.m. and 13:30 p.m. CET. View PDF ve
Jan 26, 2021 04:30 pm ET
ShaMaran Proposal to Bondholders Approved
VANCOUVER, BC, Jan. 26, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market: NSM) provides the following update to stakeholders in connection with the Company's news release dated January 12, 2021 regarding the Proposal that was submitted to the Bondholders relating to the Company's 12% senior unsecured bonds due 2023 (ISIN: NO 001082645.6). View PDF version.
Jan 26, 2021 10:30 am ET
ShaMaran Atrush December Payment Received
VANCOUVER, BC, Jan. 26, 2021 /CNW/ - Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market: NSM) provides the following update to stakeholders. View PDF Version.
Jan 12, 2021 04:30 pm ET
Shamaran Announces Issuance of Summons to Its Bondholders
VANCOUVER, BC, Jan. 12, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market: SNM) is pleased to announce the issuance today of a Summons for Written Resolution from Nordic Trust AS as Bond Trustee to all Bondholders of the Company's 12% senior unsecured bonds due 2023 (ISIN: NO 001082645.6) (the "Bonds") setting out the details of the Proposal (set forth below) with a voting period ending on January 26, 2021. View PDF version.
Jan 05, 2021 04:30 pm ET
ShaMaran Achieves 40 Million Barrels Atrush Oil Production and January Interest Payment Timely Paid In Full
VANCOUVER, BC, Jan. 5, 2021 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market: SNM) is pleased to announce that the January 2021 interest payment due on its 12% senior unsecured bonds due 2023 (ISIN: NO 001082645.6) has been timely made to all Bondholders. View PDF version
Dec 28, 2020 11:15 am ET
ShaMaran Atrush November Payment Received
VANCOUVER, BC, Dec. 28, 2020 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market: SNM) provides the following update to stakeholders. View PDF Version.
Nov 30, 2020 11:15 am ET
ShaMaran Atrush October Payment Received
VANCOUVER, BC, Nov. 30, 2020 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market: SNM) provides the following update to stakeholders. View PDF version.
Nov 13, 2020 12:30 pm ET
ShaMaran Announces Annual General Meeting Results
VANCOUVER, BC, Nov. 13, 2020 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX  VENTURE: SNM) (NASDAQ FIRST NORTH GROWTH MARKET: SNM) is pleased to report that at the Company's Annual General Meeting (the "Meeting") held today in Vancouver, shareholders approved all of the resolutions put forward at the Meeting, and in doing so: View PDF version
Nov 05, 2020 04:30 pm ET
Shamaran Third Quarter 2020 Financial and Operating Results
VANCOUVER, BC, Nov. 5, 2020 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (OMX: SNM) today released its financial and operating results and related management discussion and analysis for the three and nine months ended September 30, 2020. All currency amounts indicated as "$" in this news release are expressed in United States dollars. View PDF version
Oct 29, 2020 11:00 am ET
ShaMaran Atrush September Payment Received
VANCOUVER, BC, Oct. 29, 2020 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market: SNM) provides the following update to stakeholders. View PDF version
Sep 28, 2020 01:00 am ET
ShaMaran Atrush August Payment Received
VANCOUVER, BC, Sept. 28, 2020 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market: SNM) provides the following update to stakeholders. View PDF Version
Sep 23, 2020 12:07 pm ET
IIROC Trading Resumption - SNM
VANCOUVER, BC, Sept. 23, 2020 /CNW/ - Trading resumes in:
Sep 23, 2020 11:51 am ET
ShaMaran Update
VANCOUVER, BC, Sept. 23, 2020 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (SNM - TSXV, Nasdaq First North Growth Market) notes the movement in its share price and the market reports of an interest in the Company. Dr. Adel Chaouch, President and CEO of the Company confirms that ShaMaran has not received any expression of interest from Abu Dhabi National Energy Company (commonly known as TAQA) and wishes to specify that ShaMaran does not comment on market rumours and speculations. View PDF version
Sep 23, 2020 09:54 am ET
IIROC Trading Halt - SNM
VANCOUVER, BC, Sept. 23, 2020 /CNW/ - The following issues have been halted by IIROC:
Sep 17, 2020 05:30 am ET
ShaMaran to Present at Virtual Town Hall Meeting on September 24, 2020
VANCOUVER, BC, Sept. 17, 2020 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (SNM - TSXV, Nasdaq First North Growth Market), an oil and gas company with a producing asset in the Kurdistan Region of Iraq, is pleased to announce that it will be hosting a virtual town hall meeting on September 24, 2020 at 18:00 CET (12:00 ET). View PDF version
Sep 04, 2020 01:00 pm ET
ShaMaran Atrush July Payment Received
VANCOUVER, BC, Sept. 4, 2020 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market: SNM) provides the following update to stakeholders. View PDF
Aug 12, 2020 06:00 pm ET
ShaMaran Second Quarter 2020 Financial and Operating Results
VANCOUVER, BC, Aug. 12, 2020 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (OMX: SNM) today released its financial and operating results and related management discussion and analysis for the three and six months ended June 30, 2020. All currency amounts indicated as "$" in this news release are expressed in United States dollars. View PDF version
Aug 06, 2020 01:00 am ET
Shamaran Announces Issuance of Common Shares
VANCOUVER, BC, Aug. 6, 2020 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North Growth Market: SNM) provides this announcement following the full drawdown of the Liquidity Guarantee issued by Nemesia S.á.r.l., a company controlled by a trust settled by the late Adolf H. Lundin,  ("Nemesia") and the deposit of US$ 22.8 million (the "Principal Amount") into the debt service retention account of the Company for use in paying obligations relating to the Company's 12% senior unsecured  bonds due 2023 (ISIN: NO 001082645.6) as previously reported in the C
Jul 27, 2020 11:00 am ET
ShaMaran Atrush June Oil Sales Payment Received
VANCOUVER, BC, July 27, 2020 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North: SNM) provides the following update to stakeholders. View PDF version
Jul 02, 2020 04:00 pm ET
ShaMaran Announces Interest Payment
VANCOUVER, BC, July 2, 2020 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (SNM - TSXV, Nasdaq First North Growth Market) provides the following announcement to stakeholders in connection with the Company's news release dated July 1, 2020 and regarding  the Bondholders of the Company's 12% senior unsecured bonds due 2023 (ISIN: NO 001082645.6). View PDF version
Jul 01, 2020 01:15 pm ET
ShaMaran Corporate Update
VANCOUVER, BC, July 1, 2020 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North: SNM) provides the following update to stakeholders in connection with the Company's news release dated June 25, 2020 regarding  the Proposal that was submitted to the Bondholders relating to the Company's 12% senior unsecured  bonds due 2023 (ISIN: NO 001082645.6). View PDF version
Jun 25, 2020 05:30 pm ET
ShaMaran Corporate Update
VANCOUVER, BC, June 25, 2020 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North: SNM) provides the following update to stakeholders in connection with the Company's news releases dated May 11, 2020 and June 11, 2020 that announced the breach of a financial covenant and imminent liquidity shortfall and recent discussions with its Bondholders: View PDF version
Jun 19, 2020 12:01 pm ET
ShaMaran Atrush May Oil Sales Payment Received
VANCOUVER, June 19, 2020 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (SNM - TSXV, Nasdaq First North Growth Market) provides the following update to stakeholders. View PDF Version.
Jun 11, 2020 01:00 am ET
ShaMaran Corporate Update
VANCOUVER, BC, June 11, 2020 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (SNM - TSXV, Nasdaq First North Growth Market) refers to the breach of financial covenant and liquidity shortfall announcements made by the Company on May 11, 2020.  The Company continues to examine alternatives to address the breach and imminent liquidity shortfall, and reports that difficult discussions with its largest independent bondholders are continuing. No assurance can be given as to the outcome of any resolution to the breach and imminent liquidity shortfall, which could further impair the C
May 27, 2020 01:00 pm ET
ShaMaran Atrush April oil sales payment received
VANCOUVER, May 27, 2020 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (SNM - TSXV, Nasdaq First North Growth Market) confirms that a payment of $1.4 million ($0.5 million net to the Company) has been received from the Kurdistan Regional Government for Atrush crude oil sales during April 2020. View PDF version
May 11, 2020 01:00 am ET
ShaMaran First Quarter 2020 Financial and Operating Results
VANCOUVER, May 11, 2020 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (OMX: SNM) today released its financial and operating results and related management discussion and analysis for the three months ended March 31, 2020. All currency amounts indicated as "$" in this news release are expressed in United States dollars. View PDF version
Apr 28, 2020 08:00 am ET
ShaMaran Provides Operational, 2020 Budget and Financial Updates
VANCOUVER, April 28, 2020 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (SNM - TSXV, Nasdaq First North Growth Market) reports that following the announcements of ShaMaran's 2019 year-end financial and operating results on March 3, 2020 and the 2020 Atrush guidance on February 25, 2020, the Company is today providing an operational, 2020 budget and financial update. View PDF Version.
Apr 17, 2020 07:00 am ET
ShaMaran Atrush March Oil Sales Payment Received
VANCOUVER, April 17, 2020 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (SNM - TSXV, Nasdaq First North Growth Market) provides the following update to shareholders. View PDF Version.
Apr 01, 2020 05:30 pm ET
ShaMaran Corporate and Operational Update
VANCOUVER, April 1, 2020 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (SNM - TSXV, Nasdaq First North Growth Market) provides the following update to shareholders. View PDF Version
Mar 03, 2020 08:00 pm ET
ShaMaran 2019 Year-End Financial and Operating Results
VANCOUVER, March 3, 2020 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (OMX: SNM) today released its financial and operating results and related management discussion and analysis for the three months and year ended December 31, 2019. All currency amounts indicated as "$" in this news release are expressed in United States dollars. View PDF Version.
Feb 25, 2020 04:30 pm ET
ShaMaran Provides 2020 Atrush Guidance
VANCOUVER, Feb. 25, 2020 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (Nasdaq First North: SNM) is pleased to provide Atrush guidance for the year 2020. View PDF Version.
Feb 20, 2020 04:30 pm ET
ShaMaran to Present at SpareBank 1 Energy Conference in Oslo
VANCOUVER, Feb. 20, 2020 /CNW/ - ShaMaran Petroleum Corp. (SNM: TSXV, Nasdaq First North Growth Market) ("ShaMaran" or the "Company"), an oil and gas company with a producing asset in the Kurdistan region of Iraq, announces that the Company's President and CEO, Adel Chaouch, will be presenting at the SpareBank 1 Markets Energy Conference in Oslo on February 26, 2020.  Mr. Chaouch will present as part of a Kurdistan panel discussion between 11:00 a.m. and 12:15 a.m. CET and subsequently as part of a Lundin Group panel discussion between 12:45 a.m. and 13:45 a.m. CET. View PDF Version.
Feb 17, 2020 12:00 am ET
ShaMaran Reports 40% Increase in Company Gross 2P Reserves
VANCOUVER, Feb. 17, 2020 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (Nasdaq First North Growth Market: SNM) is pleased to report that consistent strong reservoir performance in 2019 and the acquisition of an additional 7.5% working interest share in the Property last year has increased the Company's gross 2P oil reserves from 21.3 MMbbls to 29.9 MMbbls which represents a 40% increase. This equates to an increase in 2P reserves NPV of over US$95 million (when using a 10% discount factor). View PDF version.
Jan 31, 2020 11:15 am ET
ShaMaran Atrush Oil Sales Payment Received
VANCOUVER, Jan. 31, 2020 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX  VENTURE: SNM) (NASDAQ FIRST NORTH GROWTH MARKET: SNM) the Company confirms that a gross payment of $18 million ($7 million net to ShaMaran) has been received from the Kurdistan Regional Government for Atrush crude oil sales during September 2019. View PDF version
Jan 07, 2020 12:30 pm ET
ShaMaran Atrush operations update
VANCOUVER, Jan. 7, 2020 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX  VENTURE: SNM) (NASDAQ FIRST NORTH GROWTH MARKET: SNM) reports that operations at the Atrush Field are continuing normally and have not been impacted by recent events.  The security situation in the area is being closely monitored. View PDF version.
Dec 16, 2019 07:30 am ET
ShaMaran Atrush Update
VANCOUVER, Dec. 16, 2019 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company")  (TSX  VENTURE: SNM) (NASDAQ FIRST NORTH GROWTH MARKET: SNM) is pleased to report that the Atrush Field has achieved its first day of production at 50,000 barrels since production began in 2017. View PDF version.
Dec 12, 2019 03:15 am ET
ShaMaran Atrush Update
VANCOUVER, Dec. 12, 2019 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company")  (TSX  VENTURE: SNM) (NASDAQ FIRST NORTH GROWTH MARKET: SNM) reports that it has been informed by the Kurdistan Regional Government's Ministry of Natural Resources  that payments relating to outstanding invoices for Atrush oil production, will resume in January, 2020. View PDF version.
Nov 05, 2019 04:30 pm ET
ShaMaran Third Quarter 2019 Financial and Operating Results
VANCOUVER, Nov. 5, 2019 /CNW/ -ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX Venture: SNM) (Nasdaq First North Growth Market: SNM) today released its financial and operating results and related management discussion and analysis for the three and nine months ended September 30, 2019. All currency amounts indicated as "$" in this news release are expressed in United States dollars. View PDF Version.
Nov 01, 2019 03:00 am ET
ShaMaran: Atrush Exceeds 20,000,000 Barrels of Oil Produced
VANCOUVER, Nov. 1, 2019 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company")  (TSX  VENTURE: SNM) (NASDAQ FIRST GROWTH MARKET: SNM) is pleased to report that the Atrush oil field total production has exceeded 20,000,000 barrels. PDF Version
Oct 21, 2019 11:30 am ET
ShaMaran Announces Atrush Reaches 45,000 Barrels of Oil Per Day
VANCOUVER, Oct. 21, 2019 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company")  (SNM: TSX  Venture and Nasdaq First North Growth Market) is pleased to report that the Atrush oil field total production has now reached a daily rate of 45,000 barrels of oil per day ("bopd"). The Company shares in this production with a working interest of 27.6%. View PDF version
Sep 05, 2019 01:00 am ET
ShaMaran to Present at Pareto Securities Oil & Offshore Conference in Oslo
VANCOUVER, Sept. 5, 2019 /CNW/ - ShaMaran Petroleum Corp. (SNM: TSXV, Nasdaq First North Growth Market) ("ShaMaran" or the "Company"), an oil and gas company with producing assets in the Kurdistan region of Iraq, announces that the Company's President and CEO, Adel Chaouch, will be presenting at the Pareto Securities Oil & Offshore investor conference in Oslo, Norway on Wednesday, September 11, 2019. View PDF Version.
Aug 27, 2019 11:00 am ET
ShaMaran to Present at Investor Meeting in Stockholm
VANCOUVER, Aug. 27, 2019 /CNW/ - ShaMaran Petroleum Corp. (SNM: TSXV, Nasdaq Stockholm First North) ("ShaMaran" or the "Company"), an oil and gas company with producing assets in the Kurdistan region of Iraq, announces that the Company's management will be presenting to shareholders and investors at a town hall meeting in Stockholm on Monday, September 9, 2019 at 18:30 Central European Time (CET). View PDF version.
Aug 20, 2019 11:14 am ET
IIROC Trading Resumption - SNM
VANCOUVER, Aug. 20, 2019 /CNW/ - Trading resumes in:
Aug 20, 2019 11:00 am ET
Atrush Reaches 1 Million Barrel Monthly Production Milestone
VANCOUVER, Aug. 20, 2019 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company")  (TSX  VENTURE: SNM) (OMX: SNM) reports that the Atrush oil field total production in the month of July 2019 exceeded 1 million barrels of oil for the first time since oil production commenced at the field. The Company's entitlement share of the Atrush July total production was approximately 140 thousand barrels.
Aug 20, 2019 10:56 am ET
IIROC Trading Halt - SNM
VANCOUVER, Aug. 20, 2019 /CNW/ - The following issues have been halted by IIROC:
Aug 12, 2019 06:30 pm ET
ShaMaran Corporate Update
VANCOUVER, Aug. 12, 2019 /CNW/ - ShaMaran Petroleum Corp.  ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (OMX: SNM) reports that it has granted an aggregate of 26,730,000 incentive stock options and restricted share units ("RSUs") to certain senior officers, directors and other eligible persons of the Company.  The options are exercisable, subject to vesting provisions, over a period of five years at a price of CAD 0.08 per share. The RSUs are redeemable in shares of the Company or equivalent cash value, subject to vesting provisions, over a period of five years.
Aug 07, 2019 05:30 pm ET
ShaMaran Second Quarter 2019 Financial and Operating Results
VANCOUVER, Aug. 7, 2019 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (OMX: SNM) today released its financial and operating results and related management discussion and analysis for the three and six months ended June 30, 2019. Unless otherwise stated all currency amounts indicated as "$" in this news release are expressed in thousands of United States dollars.
Jun 26, 2019 02:30 pm ET
ShaMaran Announces Annual General Meeting Results
VANCOUVER, June 26, 2019 /CNW/ - ShaMaran Petroleum Corp.  ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (Nasdaq Stockholm First North: SNM) is pleased to report that at the Company's Annual General Meeting (the "Meeting") held today in Vancouver, shareholders received the consolidated audited financial statements of the Company for the year ended December 31, 2018 and approved all of the resolutions put forward at the Meeting, namely:
May 31, 2019 02:00 am ET
ShaMaran Completes Acquisition and Provides Production Update
VANCOUVER, May 31, 2019 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (NASDAQ First North: SNM) is pleased to announce the completion of its acquisition of an additional 7.5% participating interest in the Atrush Block, previously announced on April 3, 2019, bringing ShaMaran's total interest in Atrush up to 27.6%. View PDF version.
May 15, 2019 02:00 am ET
ShaMaran Announces Changes in Senior Management and Directors
VANCOUVER, May 15, 2019 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (NASDAQ First North: SNM) is pleased to announce changes to its senior management and Board of Directors. View PDF version.
May 08, 2019 08:00 pm ET
ShaMaran Petroleum Corp. Financial and Operating Results for the Three Months Ended March 31, 2019
VANCOUVER, May 8, 2019 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (OMX: SNM) is pleased to announce its financial and operating results for the three months ended March 31, 2019. Unless otherwise stated all currency amounts indicated as "$" in this news release are expressed in thousands of United States dollars.
Apr 03, 2019 05:30 pm ET
ShaMaran Update on Acquisition and Heavy Oil Test
VANCOUVER, April 3, 2019 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (NASDAQ First North: SNM) refers to its previous news release of December 27, 2018 in which it announced its proposal to acquire a 7.5% participating interest in the Atrush Block from Marathon Oil KDV B.V. ("MOKDV"). To facilitate regulatory approval the parties have agreed to restructure the previously announced deal as a back-to-back asset purchase and sale to simplify the transaction and still achieve the same final outcome. Under the terms of two new separate purchase and sale agree
Mar 08, 2019 04:30 pm ET
ShaMaran Announces Financial and Operating Results for the Year Ended December 31, 2018
VANCOUVER, March 8, 2019 /CNW/ - 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, 2018. Unless otherwise stated all currency amounts indicated as "$" in this news release are expressed in thousands of United States dollars. View PDF version.
Feb 15, 2019 04:30 pm ET
ShaMaran Reports 140% Reserve Replacement Ratio in Atrush, 2019 Guidance
VANCOUVER, Feb. 15, 2019 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (Nasdaq First North: SNM) is pleased to report an increase by 11% in estimated Proven plus Probable ("2P") Oil Reserves for the Atrush block as of December 31, 2018 after accounting for Atrush 2018 production. This equates to a 2P Reserves replacement ratio of 2018 production of 140%. Reserves and contingent resources estimates were provided by McDaniel & Associates Consultants Ltd. ("McDaniel"), the Company's independent qualified resources evaluator, and were prepared in accordanc
Feb 04, 2019 04:30 pm ET
Correction: Bondholders Agree to Amended Terms
VANCOUVER, Feb. 4, 2019 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (NASDAQ First North: SNM) has been required by Nasdaq First North to issue this correction to its February 1, 2019 news release to include the telephone number and email address of its certified advisor, Pareto Securities AB. There are no other material changes to the original news release. View PDF Version.
Feb 04, 2019 04:30 pm ET
Correction: ShaMaran Announces Share Capital Update
VANCOUVER, Feb. 4, 2019 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (Nasdaq First North: SNM) has been required by Nasdaq First North to issue this correction to its January 31, 2019 news release to include the telephone number and email address of its certified advisor, Pareto Securities AB. There are no other material changes to the original news release. View PDF Version.
Feb 01, 2019 10:00 am ET
Bondholders Agree to Amended Terms
VANCOUVER, Feb 1, 2019 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (NASDAQ First North: SNM) refers to its previous news release of December 27, 2018 in which it announced its proposal to acquire an additional 7.5% participating interest in the Atrush Block (the "Acquisition"). View PDF version
Jan 31, 2019 04:30 pm ET
ShaMaran Announces Share Capital Update
VANCOUVER, Jan. 31, 2019 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (Nasdaq Stockholm: SNM) reports the following share capital and voting rights update in accordance with the Swedish Financial Instruments Trading Act. View PDF version.
Jan 14, 2019 04:30 pm ET
ShaMaran Updated Corporate Presentation
VANCOUVER, Jan. 14, 2019 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (OMX: SNM) has updated its corporate presentation. The new presentation has been posted on ShaMaran's website under https://www.shamaranpetroleum.com/investors/presentations-videos/.  View PDF Version
Dec 27, 2018 01:00 am ET
ShaMaran to Acquire Additional 7.5% Stake in Atrush
VANCOUVER, Dec. 27, 2018 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (NASDAQ First North: SNM) refers to its previous news releases of June 4, 2018 and November 18, 2018 in which it announced developments in its proposal to acquire a 15% participating interest in the Atrush Block from Marathon Oil KDV B.V. ("MOKDV"). View PDF version.
Dec 05, 2018 04:30 pm ET
ShaMaran Announces Change of Director
VANCOUVER, Dec. 5, 2018 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (Nasdaq Stockholm: SNM) is pleased to announce the appointment of Mike Ebsary to ShaMaran's Board of Directors ("the Board"). The appointment is effective January 1, 2019. Mr. Ebsary will replace Mr. Ashley Heppenstall who has resigned from the Board with effect from December 31, 2018 to conform with industry corporate governance recommendations regarding the maximum number of non-executive director appointments per individual. View PDF Version
Nov 19, 2018 02:15 am ET
ShaMaran Waiver Request to Bondholders
VANCOUVER, Nov. 19, 2018 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (NASDAQ First North: SNM) refers to the Company's November 18, 2018 news release advising of developments which have led to the expiry of the Marathon acquisition.  Under the terms of the Company's Bond Agreement (ISIN NO 00108264456) the expiry of the Marathon acquisition creates a Marathon Transaction Longstop Event whereby $50 million plus accrued interest will be repaid to bondholders. While the Company considers its options, it is proposing to seek a waiver from bondholders to keep
Nov 18, 2018 03:30 pm ET
ShaMaran Petroleum Corp. - Update on Acquisition of Additional Atrush Interest
VANCOUVER, Nov. 18, 2018 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (NASDAQ First North: SNM) refers to the agreement announced on June 4, 2018 whereby the Company's wholly owned subsidiary, General Exploration Partners, Inc. ("GEP"), agreed in a sale and purchase agreement (the "SPA") with Marathon Oil KDV B.V. ("MOKDV") ,a wholly owned subsidiary of Marathon Oil Corporation ("Marathon"), to acquire from MOKDV a further 15% working interest in the Atrush Block Production Sharing Contract in the Kurdistan Region of Iraq ("the Acquisition"). View PDF Ver
Nov 07, 2018 04:30 pm ET
Shamaran Petroleum Corp. Announces Financial and Operating Results for the Nine Months Ended September 30, 2018
VANCOUVER, Nov. 7, 2018 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (OMX: SNM) is pleased to announce its financial and operating results for the nine months ended September 30, 2018. Unless otherwise stated all currency amounts indicated as "$" in this news release are expressed in thousands of United States dollars. View PDF Version
Aug 09, 2018 05:30 pm ET
ShaMaran Announces Payment for Atrush Oil Deliveries
VANCOUVER, Aug. 9, 2018 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (OMX: SNM) reports that TAQA Atrush BV, Operator of the Atrush Block, has received USD 17.6 million on behalf of the Atrush co-venturers from the Kurdistan Regional Government comprised of payments of USD 12.7 million for May 2018 crude oil deliveries from the Atrush license to the export market and of USD 4.9 million of the Atrush Feeder Pipeline Cost and Atrush Development Cost loan repayments which were due in August 2018. These funds will be shared between the Atrush co-venturers acc
Aug 08, 2018 05:30 pm ET
Shamaran Announces Financial and Operating Results for the Six Months Ended June 30, 2018
VANCOUVER, Aug. 8, 2018 /CNW/ - 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, 2018. Unless otherwise stated all currency amounts indicated as "$" in this news release are expressed in thousands of United States dollars. View in PDF Format.
Jul 26, 2018 05:30 pm ET
Atrush Production and Operations Update
VANCOUVER, July 26, 2018 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (Nasdaq Stockholm First North: SNM) is pleased to report that two further Atrush production wells, Chiya Khere 7 ("CK-7") and Chiya Khere 10 ("CK-10"), came online on July 23, 2018 and July 25, 2018, respectively. View PDF Version
Jul 19, 2018 05:30 pm ET
ShaMaran Announces Payment for Atrush Oil Deliveries
VANCOUVER, July 19, 2018 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (Nasdaq Stockholm First North: SNM) reports that TAQA Atrush BV, Operator of the Atrush Block, has received USD 13.7 million on behalf of the Atrush co-venturers from the Kurdistan Regional Government comprised of payments of USD 8.9 million for April 2018 crude oil deliveries from the Atrush license to the export market and of USD 4.9 million of the Atrush Feeder Pipeline Cost and Atrush Development Cost loan repayments which were due in July 2018. These funds will be shared between th
Jul 05, 2018 05:30 pm ET
ShaMaran Closes US$ 240 Million Bond Issue
VANCOUVER, July 5, 2018 /CNW/ -  ShaMaran Petroleum Corp. ("ShaMaran" or the "Corporation") (TSX Venture: SNM), (NASDAQ First North: SNM) is pleased to announce that it has issued the USD 240 million senior unsecured bonds previously announced on June 19th, 2018 under ISIN NO 00108264456 and with settlement date of today. View PDF Version
Jun 25, 2018 01:30 pm ET
Annual General Meeting Results
VANCOUVER, June 25, 2018 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (Nasdaq Stockholm: 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, 2017 and approved all the resolutions put forward at the meeting, as follows: View PDF Version of News Release.
Jun 20, 2018 05:30 pm ET
ShaMaran Announces Payment for Atrush Oil Deliveries
VANCOUVER, June 20, 2018 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (Nasdaq Stockholm First North: SNM) reports that TAQA Atrush BV, Operator of the Atrush Block, has received USD 18.9 million on behalf of the Atrush co-venturers from the Kurdistan Regional Government comprised of payments of USD 14 million for March 2018 crude oil deliveries from the Atrush license to the export market and of USD 4.9 million of the Atrush Feeder Pipeline Cost and Atrush Development Cost loan repayments which were due in June 2018. These funds will be shared between the
Jun 19, 2018 02:00 pm ET
ShaMaran Successfully Places US$ 240 Million Bond
VANCOUVER, June 19, 2018 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Corporation") (TSX Venture: SNM), (NASDAQ First North: SNM) is pleased to announce the successfully placement of USD 240 million senior unsecured bonds. The net proceeds from the bonds will be used to refinance all the existing outstanding bonds issued by ShaMaran's wholly owned subsidiary, General Exploration Partners Inc. ("GEP"), and to finance the Marathon acquisition as announced on June 4th, 2018. The new bonds have a five year maturity without amortization and carry 12% fixed semi-annual coupon. Settlement i
Jun 08, 2018 05:30 pm ET
ShaMaran Announces Atrush Production Update
VANCOUVER, June 8, 2018 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (Nasdaq Stockholm: SNM) reports that following the partial blockage of the heat exchanger in the production facility at the Atrush field in Kurdistan, sediment samples have been analysed and it has been confirmed that the blockage was caused by salt the source of which is likely to be drilling fluid losses during drilling of the Chiya Khere 5 ("CK5") and Atrush 2 wells and is now being back-produced with the oil. View News Release in PDF Format.
Jun 04, 2018 05:30 pm ET
ShaMaran to Add 15% Stake in Atrush and Contemplated Bond Financing
VANCOUVER, June 4, 2018 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (NASDAQ First North: SNM) is pleased to announce that it has entered into an agreement to acquire a further 15% working interest in the Production Sharing Contract – Atrush Block, Kurdistan Region of Iraq dated 10th November 2007, as amended from time to time, (the "Atrush PSC") and certain other assets from Marathon Oil KDV B.V. (the "Acquisition") for USD 60 million, subject to final closing adjustments. The Acquisition will increase ShaMaran's working interest in Atrush from 20.1% to
May 23, 2018 05:30 pm ET
ShaMaran Announces Payment for Atrush Oil Deliveries
VANCOUVER, May 23, 2018 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (Nasdaq Stockholm First North: SNM) reports that TAQA Atrush BV, Operator of the Atrush Block, has received USD 34.4 million on behalf of the Atrush co-venturers from the Kurdistan Regional Government comprised of payments of USD 15.0 million for February 2018 crude oil deliveries from the Atrush license to the export market and of USD 19.4 million of the Atrush Feeder Pipeline Cost and Atrush Development Cost loan repayments. The latter constitutes payments  for four months, which were
May 09, 2018 07:00 pm ET
ShaMaran Announces Q1.2018 Financial and Operating Results
VANCOUVER, May 9, 2018 /CNW/ - 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, 2018. Unless otherwise stated all currency amounts indicated as "$" in this news release are expressed in thousands of United States dollars.
Apr 17, 2018 05:30 pm ET
ShaMaran Announces Payment for Atrush Oil Deliveries
VANCOUVER, British Columbia, April 17, 2018 (GLOBE NEWSWIRE) -- ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX-V:SNM) (Nasdaq Stockholm:SNM) reports that TAQA Atrush BV, Operator of the Atrush Block, has received USD 25.0 million on behalf of the...
Apr 03, 2018 05:30 pm ET
ShaMaran Announces Atrush Production Update
VANCOUVER, British Columbia, April 03, 2018 (GLOBE NEWSWIRE) -- ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM) (OMX:SNM) reports that recent production in the Atrush field in Kurdistan has been negatively impacted by the accumulation of solids...
Mar 21, 2018 01:30 pm ET
ShaMaran Announces Payment for Atrush Oil Deliveries
VANCOUVER, British Columbia, March 21, 2018 (GLOBE NEWSWIRE) -- ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM) (OMX:SNM) reports that TAQA Atrush BV, Operator of the Atrush Block, has received USD 17.5 million on behalf of the...
Mar 09, 2018 05:30 pm ET
ShaMaran Announces 2017 Year End Financial and Operating Results
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM)(OMX: SNM) is pleased to announce its financial and operating results for year ended December 31, 2017. Unless otherwise stated all currency amounts indicated as "$" in this news release are expressed in thousands of United States dollars.
Mar 09, 2018 05:28 pm ET
ShaMaran Announces 2017 Year End Financial and Operating Results
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) is pleased to announce its financial and operating results for year ended December 31, 2017. Unless otherwise stated all currency amounts indicated as "$" in this news...
Feb 15, 2018 05:30 pm ET
ShaMaran Announces 25% Increase in Atrush Reserves Estimates
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (OMX: SNM) is pleased to report an increase by 25% in estimated Proven plus Probable ("2P") Oil Reserves for the Atrush block as of December 31, 2017 after accounting for Atrush 2017 production. Reserves and contingent resources estimates were provided by McDaniel & Associates Consultants Ltd. ("McDaniel"), the Company's independent qualified resources evaluator, and were prepared in accordance with standards set out in the Canadian National Instrument NI 51-101 and Canadian
Feb 15, 2018 05:28 pm ET
ShaMaran Announces 25% Increase in Atrush Reserves Estimates
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM) (OMX:SNM) is pleased to report an increase by 25% in estimated Proven plus Probable ("2P") Oil Reserves for the Atrush block as of December 31, 2017 after accounting for Atrush...
Feb 15, 2018 09:00 am ET
ShaMaran Announces Payment for Atrush Oil Deliveries
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM)(OMX: SNM) reports that TAQA Atrush BV, Operator of the Atrush Block, has received USD 16.2 million on behalf of the Atrush co-venturers from the Kurdistan Regional Government ("KRG") as payment for November 2017 crude oil deliveries from the Atrush license to the export market. These funds will be shared between the Atrush co-venturers according to the terms of the agreements.
Feb 15, 2018 08:58 am ET
ShaMaran Announces Payment for Atrush Oil Deliveries
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) reports that TAQA Atrush BV, Operator of the Atrush Block, has received USD 16.2 million on behalf of the Atrush co-venturers from the Kurdistan Regional Government...
Jan 26, 2018 05:30 pm ET
ShaMaran Launches New Website, Posts New Corporate Presentation
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (OMX: SNM) is pleased to announce the launch of its new website located at www.shamaranpetroleum.com.
Jan 26, 2018 05:28 pm ET
ShaMaran Launches New Website, Posts New Corporate Presentation
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM) (OMX:SNM) is pleased to announce the launch of its new website located at www.shamaranpetroleum.com.  The Company has also posted on the website a new Corporate...
Jan 22, 2018 05:30 pm ET
ShaMaran: Atrush Reports Payment for Atrush Deliveries
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (OMX: SNM) reports that TAQA Atrush BV has received USD 7.7 million on behalf of the Atrush co-venturers from the Kurdistan Regional Government ("KRG") 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.
Jan 22, 2018 05:28 pm ET
ShaMaran: Atrush Reports Payment for Atrush Deliveries
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM) (OMX:SNM) reports that TAQA Atrush BV has received USD 7.7 million on behalf of the Atrush co-venturers from the Kurdistan Regional Government ("KRG") as payment towards...
Jan 08, 2018 05:30 pm ET
ShaMaran Petroleum Corp.: Atrush Production Update
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM)(OMX: SNM) 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 ("bopd") 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 projected.
Jan 08, 2018 05:28 pm ET
ShaMaran Petroleum Corp.: Atrush Production Update
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) 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...
Dec 19, 2017 05:30 pm ET
ShaMaran Reports Payment for Atrush Deliveries
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (OMX: SNM) reports that TAQA Atrush BV has received USD 10.7 million on behalf of the Atrush co-venturers from the Kurdistan Regional Government ("KRG") 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 have been advised by the KRG that the shortfall is related to an accounting
Dec 19, 2017 05:28 pm ET
ShaMaran Reports Payment for Atrush Deliveries
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM) (OMX:SNM) reports that TAQA Atrush BV has received USD 10.7 million on behalf of the Atrush co-venturers from the Kurdistan Regional Government ("KRG") as payment towards...
Nov 16, 2017 05:30 pm ET
ShaMaran Q3 2017 Financial and Operating Results
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM)(OMX: SNM) 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.
Nov 16, 2017 05:28 pm ET
ShaMaran Q3 2017 Financial and Operating Results
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) 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...
Nov 09, 2017 05:30 pm ET
ShaMaran Reports Payment for Atrush Deliveries
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM)(OMX: SNM) 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.
Nov 09, 2017 05:28 pm ET
ShaMaran Reports Payment for Atrush Deliveries
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) 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...
Oct 24, 2017 09:00 am ET
Atrush Operations Update
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM)(OMX: SNM) 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.
Oct 24, 2017 08:58 am ET
Atrush Operations Update
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) 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...
Oct 12, 2017 05:30 pm ET
ShaMaran Reports Payment for Atrush Deliveries
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM)(OMX: SNM) 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.
Oct 12, 2017 05:28 pm ET
ShaMaran Reports Payment for Atrush Deliveries
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) 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...
Sep 29, 2017 08:00 am ET
ShaMaran Announces Atrush Oil Sales Agreement Signed
ShaMaran Petroleum Corp. (TSX VENTURE: SNM)(OMX: SNM) ("ShaMaran" or the "Company") is pleased to report that an agreement for the sale of Atrush oil has been signed between Taqa Atrush BV. (on behalf of the Atrush co-venturers) and the Kurdistan Regional Government ("KRG"). 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 $16/bbl for quality discount and all local and international transportation costs. This discount is based on the same
Sep 29, 2017 07:59 am ET
ShaMaran Announces Atrush Oil Sales Agreement Signed
ShaMaran Petroleum Corp. (TSX VENTURE:SNM)(OMX:SNM) ("ShaMaran" or the "Company") is pleased to report that an agreement for the sale of Atrush oil has been signed between Taqa Atrush BV. (on behalf of the Atrush co-venturers) and the Kurdistan...
Sep 19, 2017 05:30 pm ET
ShaMaran: Atrush Development Update - Spud of CK-7
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM)(OMX: SNM) is pleased to announce that drilling operations have commenced on the Chiya Khere ("CK-7") appraisal and development well in the Atrush Block in the Kurdistan Region of Iraq. CK-7 is located in the central area of the Atrush Block approximately 3 kilometres east of the Atrush 2 producing well and 3.5 kilometres west of the Atrush 3 appraisal well.
Sep 19, 2017 05:28 pm ET
ShaMaran: Atrush Development Update - Spud of CK-7
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) is pleased to announce that drilling operations have commenced on the Chiya Khere ("CK-7") appraisal and development well in the Atrush Block in the Kurdistan Region...
Aug 15, 2017 03:38 pm ET
ShaMaran Q2 2017 Financial and Operating Results
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM)(OMX: SNM) is pleased to announce its financial and operating results for the six months ended June 30, 2017. Unless otherwise stated all currency amounts indicated as "$" in this news release are expressed in thousands of United States dollars.
Aug 15, 2017 03:35 pm ET
ShaMaran Q2 2017 Financial and Operating Results
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 "$" in...
Jun 28, 2017 06:40 am ET
ShaMaran Operational Update
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM)(OMX: SNM) is pleased to report that preparations for first oil production are substantially complete. The Operator, TAQA Atrush B.V., expects that oil production will commence early next week.
Jun 28, 2017 06:39 am ET
ShaMaran Operational Update
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) is pleased to report that preparations for first oil production are substantially complete. The Operator, TAQA Atrush B.V., expects that oil production will commence...
Jun 15, 2017 01:00 pm ET
ShaMaran Petroleum Annual General Meeting Results
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM)(OMX: SNM) is pleased to report that at the Company's Annual General Meeting held today in Vancouver, shareholders received the consolidated audited financial statements of the Company for the year ended December 31, 2016 and approved all of the resolutions put forward at the meeting, namely:
Jun 15, 2017 12:58 pm ET
ShaMaran Petroleum Annual General Meeting Results
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) is pleased to report that at the Company's Annual General Meeting held today in Vancouver, shareholders received the consolidated audited financial statements of the...
May 12, 2017 04:00 pm ET
ShaMaran Q1 2017 Financial and Operating Results
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM)(OMX: SNM) is pleased to announce its financial and operating results for three months ended March 31, 2017. Unless otherwise stated all currency amounts indicated as "$" in this news release are expressed in thousands of United States dollars.
May 12, 2017 03:58 pm ET
ShaMaran Q1 2017 Financial and Operating Results
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) is pleased to announce its financial and operating results for three months ended March 31, 2017. Unless otherwise stated all currency amounts indicated as "$" in this...
Mar 09, 2017 02:30 pm ET
ShaMaran 2016 Year End Financial and Operating Results
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM)(OMX: SNM) is pleased to announce its financial and operating results for year ended December 31, 2016. Unless otherwise stated all currency amounts indicated as "$" in this news release are expressed in thousands of United States dollars.
Mar 09, 2017 02:28 pm ET
ShaMaran 2016 Year End Financial and Operating Results
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) is pleased to announce its financial and operating results for year ended December 31, 2016. Unless otherwise stated all currency amounts indicated as "$" in this news...
Feb 16, 2017 05:30 pm ET
ShaMaran Announces Atrush 2016 Year-End Reserves Estimates
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM)(OMX: SNM) reports estimated reserves and contingent resources for the Atrush block as of December 31, 2016. The reserves and contingent resources estimates were provided by McDaniel & Associates Consultants Ltd. ("McDaniel"), the Company's independent qualified resources evaluator, and were prepared in accordance with standards set out in the Canadian National Instrument NI 51-101 and Canadian Oil and Gas Evaluation Handbook (COGEH).
Feb 16, 2017 05:28 pm ET
ShaMaran Announces Atrush 2016 Year-End Reserves Estimates
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) reports estimated reserves and contingent resources for the Atrush block as of December 31, 2016. The reserves and contingent resources estimates were provided by...
Jan 31, 2017 05:30 pm ET
ShaMaran Announces Updated Share Capital
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM)(OMX: SNM), reports the following share capital and voting rights update in accordance with the Swedish Financial Instruments Trading Act.
Jan 31, 2017 05:28 pm ET
ShaMaran Announces Updated Share Capital
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM), reports the following share capital and voting rights update in accordance with the Swedish Financial Instruments Trading Act. As a result of the...
Jan 30, 2017 10:28 am ET
ShaMaran Petroleum Corp. Closes CAD 36 Million Private Placement
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) is pleased to announce the closing of the private placement...
Jan 20, 2017 10:39 am ET
IIROC Trading Resumption - SNM
VANCOUVER, Jan. 20, 2017 /CNW/ - Trading resumes in:
Jan 20, 2017 10:28 am ET
Books Closed and Pricing Set on Private Placement
Not for distribution to U.S. news wire services or for dissemination in the United States. ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OXM:SNM) is pleased to announce that it that it has successfully completed...
Jan 20, 2017 09:25 am ET
IIROC Trading Halt - SNM
VANCOUVER, Jan. 20, 2017 /CNW/ - The following issues have been halted by IIROC:
Jan 19, 2017 03:59 pm ET
Contemplated Private Placement of New Equity
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OXM:SNM) is pleased to announce that it intends to undertake an equity...
Nov 15, 2016 05:30 pm ET
ShaMaran Q3 2016 Financial and Operating Results
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM)(OMX: SNM) is pleased to announce its financial and operating results for the nine months ended September 30, 2016. Unless otherwise stated all currency amounts indicated as "$" in this news release are expressed in thousands of United States dollars.
Nov 15, 2016 05:28 pm ET
ShaMaran Q3 2016 Financial and Operating Results
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) is pleased to announce its financial and operating results for the nine months ended September 30, 2016. Unless otherwise stated all currency amounts indicated as "$"...
Nov 08, 2016 06:30 am ET
ShaMaran Operations Update
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM)(OMX: SNM) is pleased to announce that TAQA Atrush B.V. ("TAQA"), as operator of the Atrush Block Production Sharing Contract ("PSC"), has entered into an Engineering, Procurement and Construction ("EPC") contract with KAR Company ("KAR") for the construction of the feeder pipeline from the Atrush block boundary to the tie-in point with the main Kurdistan export pipeline (the "Feeder Pipeline"). Work on the Feeder Pipeline will commence immediately.
Nov 08, 2016 06:28 am ET
ShaMaran Operations Update
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) is pleased to announce that TAQA Atrush B.V. ("TAQA"), as operator of the Atrush Block Production Sharing Contract ("PSC"), has entered into an Engineering,...
Aug 16, 2016 05:30 pm ET
ShaMaran Q2 2016 Financial and Operating Results
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM)(OMX: SNM) is pleased to announce its financial and operating results for the six months ended June 30, 2016. Unless otherwise stated all currency amounts indicated as "$" in this news release are expressed in thousands of United States dollars.
Aug 16, 2016 05:28 pm ET
ShaMaran Q2 2016 Financial and Operating Results
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, 2016. Unless otherwise stated all currency amounts indicated as "$" in...
Aug 10, 2016 01:56 pm ET
IIROC Trading Resumption - SNM
VANCOUVER, Aug. 10, 2016 /CNW/ - Trading resumes in:
Aug 10, 2016 01:29 pm ET
IIROC Trading Halt - SNM
VANCOUVER, Aug. 10, 2016 /CNW/ - The following issues have been halted by IIROC:
Aug 10, 2016 12:45 pm ET
ShaMaran Operations Update
ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM)(OMX: SNM) provides the following operational update.
Aug 10, 2016 12:44 pm ET
ShaMaran Operations Update
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...
Jun 15, 2016 04:30 pm ET
ShaMaran Annual General Meeting Results
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:
Jun 15, 2016 04:28 pm ET
ShaMaran Annual General Meeting Results
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...
Jun 14, 2016 05:00 pm ET
ShaMaran Corporate Update
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 subsidiary of the Company.