ShaMaran Petroleum Corp.

ShaMaran Petroleum Corp. held its annual general and special meeting of shareholders in Vancouver, British Columbia today, and all resolutions were passed. View PDF version A total of 777,529,488 common shares were voted at the meeting, representing 27.56% of the votes attached to all the outstanding common shares of the Company. Shareholders voted as follows on the matters before the meeting: Fixing the number of [...]

ShaMaran Petroleum Corp. has granted incentive stock options to certain officers, employees and other eligible persons of the Company to acquire 29,400,000 shares of the Company at an exercise price of CAD$0.063 per share. The options are exercisable, subject to vesting provisions, over a period of five years. ShaMaran has also granted 19,750,000 restricted share units at a price of CAD$0.063 to certain officers [...]

ShaMaran Petroleum Corp. : SNM) ShaMaran Petroleum Corp. is pleased to announce the appointment today of Garrett Soden as President and Chief Executive Officer to replace Dr. Adel Chaouch effective immediately. Mr. Soden will also join ShaMaran's board of directors. View PDF version Garrett Soden has extensive experience as a senior executive and board member of various public companies in the natural resources sector. He [...]

VANCOUVER, BC, May 10, 2023 /CNW/ - ShaMaran Petroleum Corp. : SNM) today released its financial and operating results and related management's discussion and analysis for the three months ended March 31, 2023¹. View PDF version. Dr. Adel Chaouch, President and Chief Executive Officer of ShaMaran, commented "The first quarter of 2023 represented a significant step up in activity levels across both assets as together with [...]

ShaMaran Petroleum Corp. and is pleased to announce that the 2023 Annual General and Special Meeting of ShaMaran shareholders will be held on June 22, 2023 at 2000, 885 West Georgia Street, Vancouver, British Columbia, V6C 3E8 Canada at 8:00 a.m. for the following purposes: View PDF version To receive the audited consolidated financial statements of the Company for the financial year ended December 31, 2022 and [...]

ShaMaran Petroleum Corp. confirms that, following the recent announcement of the ICC arbitration ruling in favor of Iraq against Turkey on the use of the Iraq-Turkey export pipeline, the Kurdistan Pipeline Company, at the request of Turkey officials, has shutdown the Kurdistan trunk export pipeline. View PDF version ShaMaran has been informed by the operators of the two blocks in which we hold an interest that appropriate [...]

ShaMaran Petroleum Corp. : SNM) confirms receipt of payment today for the September2022 crude oil sales in the amount of $7.37 million net to the Company. With this payment the total amount received for the month of September 2022 crude oil sales is $15.72 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 [...]

ShaMaran Petroleum Corp. : SNM) confirms receipt of payment today for the September 2022 Atrush crude oil sales in the amount of $8.35 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 March 9 [...]

ShaMaran Petroleum Corp. : SNM) today released its financial and operating results and related management's discussion and analysis for the three and twelve months ended December 31, 2022¹ and a corporate update. View PDF Version Dr. Adel Chaouch, President and Chief Executive Officer of ShaMaran, commented "2022 represents the best financial performance in the Company's history on all key metrics with growth in sales [...]

ShaMaran Petroleum Corp. : SNM) is pleased to report total Company's gross 2P reserves1 grew by 225% from 30.4 million barrels of oil at December 31, 2021 to 68.3 MMbbls at December 31, 2022 and a 2P net reserves replacement ratio2 of 950%3. The Company's net 2C resources4 increased by close to 20% from 34.8 MMbbls at December 31, 2021 to 41.5 MMbbls at December 31, 2022 such increase being primarily associated with the [...]