ShaMaran Petroleum Corp 2019 Annual Report
The report outlines ShaMaran Petroleum Corp.'s operational and financial performance for the fiscal year ended December 31, 2019. During the year, the company increased its participating interest in the Atrush Block in Kurdistan from 20.1% to 27.6%, leading to a 46% increase in average daily oil production compared to 2018. Operational highlights include reaching a production capacity of over 50,000 barrels of oil per day and completing four new production wells ahead of schedule. Additionally, the company announced plans to construct a gas solution at the Atrush Permanent Production Facilities to reduce and ultimately eliminate gas flaring, demonstrating a commitment to environmentally responsible development.
Company: ShaMaran Petroleum Corp
Sector: Mining & quarrying
Country: Canada
Year: 2019
Type: Annual Report
Pages: 67
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ShaMaran Petroleum Corp
Annual Report
The report outlines ShaMaran Petroleum Corp.'s operational and financial performance for the fiscal year ended December 31, 2019. During the year, the company increased its participating interest in the Atrush Block in Kurdistan from 20.1% to 27.6%, leading to a 46% increase in average daily oil production compared to 2018. Operational highlights include reaching a production capacity of over 50,000 barrels of oil per day and completing four new production wells ahead of schedule. Additionally, the company announced plans to construct a gas solution at the Atrush Permanent Production Facilities to reduce and ultimately eliminate gas flaring, demonstrating a commitment to environmentally responsible development.
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Document Details
Report Year
2019
Reporting Period
Jan 1, 2019 - Dec 31, 2019
Fiscal Year
2019
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