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On November 7, 2016 the 4 th PSC Amendment and Atrush Facilitation Agreement were concluded between the Non-Government Contractors and the Kurdistan Regional Government ("KRG") resulting in, among other things, the KRG acquiring a 25% participating interest in the Atrush PSC and in a 20.1% interest for General Exploration Partners, Inc. (a wholly owned subsidiary of the Company). ShaMaran Petroleum Corp Company Announcement SHAMARAN PETROLEUM: OPERATIONS UPDATE. November 8, 2016 - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (NASDAQ 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 Atrush Contract • On November 7, 2016 the Assignment, Novation and Fourth Amendment Agreement to the PSC (the “4th PSC Amendment”) and Atrush Facilitation Agreement were concluded between TAQA Atrush B.V. (“TAQA” and the Operator of the Atrush Block), General Exploration Partners.

means the Atrush Block PSC, Atrush Block First PSC Amendment, Atrush Block Second PSC Amendment, Atrush Block Third PSC Amendment, and the Atrush Block Fourth PSC Amendment. 2018-11-24 Atrush Contract • On November 7, 2016 the Assignment, Novation and Fourth Amendment Agreement to the PSC (the “4th PSC Amendment”) and Atrush Facilitation Agreement were concluded between TAQA Atrush B.V. (“TAQA” and the Operator of the Atrush Block), General Exploration Partners. Inc. (“GEP” and a wholly owned subsidiary of On November 7, 2016 the Assignment, Novation and Fourth Amendment Agreement to the PSC (the “4th PSC Amendment”) and Atrush Facilitation Agreement were concluded between TAQA Atrush B.V. (“TAQA” and the Operator of the Atrush Block) , G eneral Exploration Partners. Inc. The KRG acquires a 25% interest in the PSC effective November 7, 2012, the date of declaration of commerciality ("DOC date"). As a consequence the respective participating interests in the Atrush TAQA and GEP have under the Atrush JOA agreed a priority arrangement for sharing their combined initial $49.9 million share of exploration cost oil revenues such that TAQA receives the initial $10.8 million and GEP receives the next $39.1 million, thereafter cost oil revenues for these two parties is determined by their relative participating interests in the Atrush PSC. · We continued to self-fund Atrush development with stable cash inflows. · · The Company received $7.1 million for its entitlement share of Atrush PSC profit oil and cost oil for April 2019 oil deliveries. For January 2019 through to April 2019 oil sales, the Company has received $22.5 million.

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The KRG acquires a 25% interest in the PSC effective November 7, 2012, the date of declaration of commerciality (“DOC date”). As a consequence the respective participating interests in the Atrush PSC are TAQA at 39.9%, the KRG at 25%, GEP at 20.1% and Marathon Oil KDV B.V. at 15%; A Field Development Plan for the Atrush Block was submitted for approval to the KRG on May 7, 2013 which is in accordance with the terms of the Atrush Block PSC. The Atrush-3 appraisal well, located five kilometers to the east of the Atrush-2 appraisal well, was spudded on March 25, 2013 with a planned total depth of 1,700 meters. On March 12, 2013 the Contracting entities to the Atrush Block PSC were notified by the KRG that it had exercised its option to acquire a 25% Government Interest in accordance with the provisions of the Atrush Block PSC. Financial and Operating Results for the year ended December 31 st 2012 ShaMaran Petroleum är ett kanadensiskt bolag verksamma inom olje- och gasindustrin. Idag innehas störst verksamhet inom Mellanöstern inom landsområdet som går under namnet Atrush.

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2016-11-08 · The 4 th PSC Amendment and Atrush Facilitation Agreement include the following principal terms: The KRG acquires a 25% interest in the PSC effective November 7, 2012, the date of declaration of Discover the magic of the internet at Imgur, a community powered entertainment destination.

PSC No Spin LIVEMarch 23, 2021. Why Women Want an Athletic Look in Feb 3, 1999 Although it's obvious PSC has sapped more than 30 pounds from the liver disease specialist at Rush-Presbyterian-St. Luke's Medical Center. respect of the Atrush Block production sharing contract (Atrush Block PSC) related to a petroleum property located in the Kurdistan Region of Iraq (Kurdistan ).
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So in June 2018, I met with the Transplant Team at RUSH University Medical Center in Chicago and Do the COVID-19 Vaccines Affect Breast Implants? PSC No Spin LIVEMarch 23, 2021. Why Women Want an Athletic Look in Feb 3, 1999 Although it's obvious PSC has sapped more than 30 pounds from the liver disease specialist at Rush-Presbyterian-St. Luke's Medical Center.
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announces that TAQA Atrush B.V., 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"). Define Atrush Block Fourth PSC Amendment. means the Assignment, Novation and Fourth Amendment Agreement to the Atrush Block PSC entered between KRG, … 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… PSC – Shamaran – 28/08/2009; Amendment Agreement – 01/08/2010; Atrush.

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On November 7, 2016 the Assignment, Novation and Fourth Amendment Agreement to the PSC (the “4th PSC Amendment”) and Atrush Facilitation Agreement were concluded between TAQA Atrush B.V. (“TAQA” and the Operator of the Atrush Block), General Exploration Partners. Inc. parties is determined by their relative participating interests in the Atrush PSC. The Company’s entitlement share of oil sold up to March 31, 2018 reflects a recovery of approximately $30.5 million of the $39.1 million. The Company forecasts that its entitlement to the remaining $8.6 million of VANCOUVER, BRITISH COLUMBIA, May 09, 2018 (GLOBE NEWSWIRE) -- ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (OMX: SNM) is pleased to VANCOUVER, MARCH 3, 2020 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (OMX: SNM) today released its financial and operating A Field Development Plan for the Atrush Block was submitted for approval to the KRG on May 6 2013 which is in accordance with the terms of the Atrush Block PSC. The Atrush-3 appraisal well, located 6.5 kilometers to the east of the Atrush-2 appraisal well, was spudded on March 25, 2013 and reached total depth of 1,806 meters on June 23, 2013. 2019-01-03 · interest in Atrush at a very attractive cost.