ShaMaran Reports the Best Annual Financial Performance Since Inception
VANCOUVER, BC, March 8, 2023 /CNW/ - ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (SNM: TSXV and Nasdaq First North Growth Market (Sweden)) today released its financial and operating results and related management’s discussion and analysis (MD&A) for the three and twelve months ended December 31, 2022[1] and a corporate update. Dr. Adel Chaouch, President and Chief Executive Officer of ShaMaran, commented “2022 represents the best financial performance in the Company’s history on all key metrics with growth in sales, EBITDAX2 and cash generation reflecting the strength of our