ShaMaran Petroleum Ltd. is an oil and gas exploration and production company.[1] The Company is listed on the Euronext Growth Oslo in Norway and the Nasdaq First North Growth Market in Stockholm under ticker symbol "SNM". [2] ShaMaran is part of the Lundin Group of companies,[3] a group of independent, publicly-traded natural resource companies that all share the Lundin family as the major shareholder.[4][5]
| Type | Public |
|---|---|
| Euronext Growth Oslo SNM Nasdaq First North SNM | |
| Industry | Oil and gas |
| Headquarters | , |
Key people | Garrett Soden (President and CEO) Elvis Pellumbi (CFO) |
| Products | Petroleum |
| Website | www |
Overview
editShaMaran is headquartered in Hamilton, Bermuda and is focused on the Kurdistan region of Iraq.[6] ShaMaran has non-operated working interests in two adjacent oil blocks in Kurdistan.
The Company has a 50 percent working interest (66.67 percent paying interest) in the Atrush Block production sharing contract. The Atrush field was first discovered in 2011, and oil production started in 2017. Gross production in 2025 averaged 32,500 barrels of oil per day. The block is operated by HKN Energy Ltd., a private company based in Dallas, Texas, United States of America.[7][8]
ShaMaran also has an 18 percent working interest (22.5 percent paying interest) in the Sarsang Block production sharing contract. The Sarsang fields were first discovered in 2011, and oil production started in 2014. Gross production in 2025 averaged 25,900 barrels of oil per day. The block is also operated by HKN Energy Ltd.[9][10]
See also
editReferences
edit- ↑ "Company Description".
- ↑ "ShaMaran Announces First Day of Trading on Euronext Growth Oslo". ShaMaran Petroleum. 5 June 2026. Retrieved 2026-06-05.
- ↑ "Lundin Group Description".
- ↑ "ShaMaran Announces Shareholder Approval for Primary Listing in Oslo and Corporate Continuance to Bermuda". ShaMaran Petroleum. 10 March 2026. Retrieved 2026-03-10.
- ↑ "ShaMaran Announces Successful Retail Private Placement". ShaMaran Petroleum. 2 June 2026. Retrieved 2026-06-02.
- ↑ "ShaMaran Announces Completion of Corporate Continuance to Bermuda". ShaMaran Petroleum. 28 May 2026. Retrieved 2026-05-28.
- ↑ "HKN Energy.: Who we are". Retrieved 2026-06-10.
- ↑ "History". Retrieved 2026-06-09.
- ↑ "Operational Highlights". Retrieved 2026-06-09.
- ↑ "How Oil Production Sharing Contracts work". Retrieved 2026-06-09.
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