SHAMARAN ANNOUNCES APPOINTMENT OF NEW CHIEF FINANCIAL OFFICER

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

SHAMARAN ANNOUNCES APPOINTMENT OF NEW CHIEF FINANCIAL OFFICER

Canada NewsWire

VANCOUVER, BC, Sept. 30, 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 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 senior advisory role to ShaMaran's management team, focusing on debt advisory and M&A, including the recently closed acquisition of TotalEnergies affiliate holding an interest in the Sarsang block in the Kurdistan Region.  As part of his previous mandates, Elvis has invested well in excess of USD 500 million in oil & gas companies focused in the Kurdistan Region since 2009 and is very familiar with the key players in the sector.  

Dr. Adel Chaouch, President and Chief Executive officer commented: "We are excited to have Elvis join ShaMaran's team. He complements our strong performance-oriented culture, and we believe his impressive reputation for execution and achieving results makes him the right choice to lead our finance team."

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 September 30, 2022 at 3:00 a.m. Eastern Time.  Arctic Securities AS (Swedish branch) is the Company's Certified Adviser on Nasdaq First North Growth Market (Sweden) +46 844 68 61 00, [email protected].

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

ABOUT SHAMARAN

ShaMaran is a Kurdistan focused oil development and exploration company which holds a 27.6% interest, through its wholly-owned subsidiary General Exploration Partners, Inc., in the Atrush Block and holds an 18% interest through its wholly-owned subsidiary ShaMaran Sarsang A/S in the Sarsang Block.

ShaMaran is a Canadian oil and gas company listed on the TSX Venture Exchange and the Nasdaq First North Growth Market (Sweden) under the symbol "SNM" and is part of the "Lundin Group of Companies".

Follow us on Social Media:
Instagram:  @shamaranpetroleumcorp
Twitter:       @shamaran_corp
Facebook:   @shamaranpetroleumcorp

SHAMARAN ANNOUNCES APPOINTMENT OF NEW CHIEF FINANCIAL OFFICER (CNW Group/ShaMaran Petroleum Corp.)

SOURCE ShaMaran Petroleum Corp.

Cision View original content to download multimedia: http://www.newswire.ca/en/releases/archive/September2022/30/c4285.html

Copyright CNW Group 2022

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).