ShaMaran Exercises Option to Convert Taza Block
Investing News Network - 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.
