ShaMaran Petroleum Corp 2017 Annual Report
The report outlines the financial and operational performance of ShaMaran Petroleum Corp. for the fiscal year ended December 31, 2017. Key highlights include the commencement of oil production at the Atrush Block in July 2017, which produced and exported 3.4 million barrels of oil during the second half of the year. The company completed a private placement in January 2017, generating gross proceeds of $27.3 million. Additionally, independent evaluations increased the field's 2P oil reserves estimate to 102.7 million barrels, representing a 25 percent increase from the previous year.
Company: ShaMaran Petroleum Corp
Sector: Mining & quarrying
Country: Canada
Year: 2017
Type: Annual Report
Pages: 60
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ShaMaran Petroleum Corp
Annual Report
The report outlines the financial and operational performance of ShaMaran Petroleum Corp. for the fiscal year ended December 31, 2017. Key highlights include the commencement of oil production at the Atrush Block in July 2017, which produced and exported 3.4 million barrels of oil during the second half of the year. The company completed a private placement in January 2017, generating gross proceeds of $27.3 million. Additionally, independent evaluations increased the field's 2P oil reserves estimate to 102.7 million barrels, representing a 25 percent increase from the previous year.
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Document Details
Report Year
2017
Reporting Period
Jan 1, 2017 - Dec 31, 2017
Fiscal Year
2017
Type
Annual Report
Language
English
Pages
File Size
Standards & Assurance
No data available
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available