• About
  • Advertise / Contact
  • Copyright
  • Privacy Policy

Canadian Oil Stocks

Oil Stocks and Oil Companies in Canada

  • Home
  • Headlines
  • Editorials
    • Drilling & Services
    • Heavy Oil
    • Oil Stocks
    • Oil Sands
    • Oil and Gas ETFs
    • Pipelines & Midstream

ShaMaran Reports 140% Reserve Replacement Ratio in Atrush, 2019 Guidance

February 15, 2019 via NewsWire Tagged With: TSX VENTURE:SNM

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 accordance with standards set out in the Canadian National Instrument NI … Continue Reading

Correction: ShaMaran Announces Share Capital Update

February 4, 2019 via NewsWire Tagged With: TSX VENTURE:SNM

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.

The Company reports the following share capital and voting rights update in accordance with the Swedish Financial Instruments Trading Act.

As a result of the issuance in January 2019 of 2,000,000 … Continue Reading

Correction: Bondholders Agree to Amended Terms

February 4, 2019 via NewsWire Tagged With: TSX VENTURE:SNM

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.

The Company 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”).

ShaMaran … Continue Reading

Bondholders Agree to Amended Terms

February 1, 2019 via NewsWire Tagged With: TSX VENTURE:SNM

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

ShaMaran is pleased to announce that bondholders have voted in favour of the Company’s proposal to amend certain terms of the Company’s Bond Agreement (ISIN NO 00108264456) as follows:

  • $50 million of bonds will be retired plus related accrued interest resulting in $190 million of outstanding bonds;
  • … Continue Reading

    ShaMaran Announces Share Capital Update

    January 31, 2019 via NewsWire Tagged With: TSX VENTURE:SNM

    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.

    As a result of the issuance in January 2018 of 2,000,000 common shares to Nemesia S.à.r.l., in connection with the previously disclosed Liquidity Guarantee provided in connection with the Company’s July 2018 bond issue, the number of issued and outstanding shares of the Company is 2,160,631,534 common shares with voting rights.

    Additional Information

    The information in this … Continue Reading

    ShaMaran Updated Corporate Presentation

    January 14, 2019 via NewsWire Tagged With: TSX VENTURE:SNM

    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

    The presentation contains an operational update as well as an update of the year end 2018 financial position.

    OTHER
    This is information that ShaMaran Petroleum Corp. is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication by the persons below at 5:30 p.m. EST on January 14, 2019.

    ABOUT SHAMARAN

    ShaMaran Petroleum … Continue Reading

    ShaMaran to Acquire Additional 7.5% Stake in Atrush

    December 27, 2018 via NewsWire Tagged With: TSX VENTURE:SNM

    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.

    ShaMaran is pleased to announce that it and TAQA Atrush BV (“TAQA”), Operator of the Atrush Block, have agreed jointly to acquire from Marathon its 15% participating interest in the Atrush Block held through MOKDV in equal … Continue Reading

    ShaMaran Announces Change of Director

    December 5, 2018 via NewsWire Tagged With: TSX VENTURE:SNM

    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

    Mr. Ebsary was previously the Chief Executive Officer, and a director of Oryx Petroleum Corporation Limited during … Continue Reading

    ShaMaran Waiver Request to Bondholders

    November 19, 2018 via NewsWire Tagged With: TSX VENTURE:SNM

    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 the $50 million restricted cash on … Continue Reading

    ShaMaran Petroleum Corp. – Update on Acquisition of Additional Atrush Interest

    November 18, 2018 via NewsWire Tagged With: TSX VENTURE:SNM

    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 Version

    The underlying agreements governing the development and operation … Continue Reading

    Shamaran Petroleum Corp. Announces Financial and Operating Results for the Nine Months Ended September 30, 2018

    November 7, 2018 via NewsWire Tagged With: TSX VENTURE:SNM

    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

    HIGHLIGHTS

  • ShaMaran entered agreement with Marathon Oil KDV BV to acquire their 15% interest in Atrush.
  • Company issued $240 million in new 5-year bonds in July and bonds due to mature in November 2018 were retired.
  • Revenues of $55.1
  • … Continue Reading

    ShaMaran Announces Payment for Atrush Oil Deliveries

    September 12, 2018 via NewsWire Tagged With: TSX VENTURE:SNM

    VANCOUVER, Sept. 12, 2018 /CNW/ – ShaMaran Petroleum Corp. (“ShaMaran” or the”Company”) (TSX VENTURE: SNM) (NasdaqStockholm First North: SNM) reports that TAQA Atrush BV, Operator of the Atrush Block, has received USD 20.6 million on behalf of the Atrush co-venturers from the Kurdistan Regional Government (“KRG”)comprised of payments of USD 15.7 million for June 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 September 2018. These funds will be shared between the Atrush co-venturers according … Continue Reading

    • 1
    • 2
    • 3
    • …
    • 5
    • Next Page »

    Search

    Subscription Options

    Subscribe via RSSSubscribe via Facebook

    Daily Movers

    Ticker Price Chg Chg%

    Recent Articles

    • Enerplus Announces Fourth Quarter and Full Year 2018 Financial and Operating Results and 2018 Year End Reserves
    • Pinnacle Renewable Energy Reports Fiscal 2018 Fourth Quarter and Year-End Results and Announces New Off-take Contracts in Japan and South Korea
    • Keyera Corp. Announces 2018 Year End Results
    • Pembina Pipeline Corporation Reports Record Annual Results in 2018
    • Obsidian Energy Announces Gordon Ritchie to replace Jay W. Thornton as Chairman of the Board of Directors
    • Notice of Financial and Operating Results for the Fourth Quarter of 2018 and Conference Call
    • First Energy Metals Provides Corporate Update and Announces Private Placement
    • Source Energy Services Announces Changes to its Board of Directors, Fourth Quarter Operational Update and Other Matters
    • Tourmaline adds 338 mmboe of reserves in 2018, 2P reserves increased to 2.46 billion boe
    • Vistra Energy and Crius Energy Trust Agree to Amend Purchase Agreement to Reflect an Improved Purchase Price for Vistra’s Pending Acquisition of Crius Energy’s Attractive Retail Electricity and Gas Portfolio

    Categories

    • Drilling & Services (5)
    • Editorials (14)
    • Headlines (4,929)
    • Heavy Oil (1)
    • Oil and Gas ETFs (2)
    • Oil Sands (3)
    • Oil Stocks (16)
    • Pipelines & Midstream (2)

    Blogroll

    • Oil and Gas ETFs
    Copyright © 2017 Canadian Oil Stocks - All Rights Reserved