ShaMaran Exercises Option to Convert Taza Block

- July 28th, 2011

ShaMaran Petroleum Corp. (CVE:SNM) exercises its option with the Kurdistan Regional Government, to enter into a Production Sharing Contract related to Taza Block.

ShaMaran Petroleum Corp. (TSXV:SNM) exercises its option with the Kurdistan Regional Government, to enter into a Production Sharing Contract related to Taza Block.

The press release is quoted as saying:

ShaMaran Petroleum Corp. is a Kurdistan focused oil development and exploration vehicle with four projects in the region: the Pulkhana development/appraisal block, the Arbat oil discovery, and the Atrush and Taza (formerly Block K42) exploration blocks. These projects are nearby and on trend with existing fields and recent discoveries.

Click here to access the entire press release

Leave a Reply