SHAMARAN ANNOUNCES FINANCIAL AND OPERATING RESULTS FOR THE SIX MONTHSENDED JUNE 30, 2018
VANCOUVER, BC, August 8, 2018 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (OMX: SNM) is pleased to announce its financial and operating results for the six months ended June 30, 2018. Unless otherwise stated all currency amounts indicated as “$” in this news release are expressed in thousands of United States dollars. HIGHLIGHTS · ShaMaran entered agreement with Marathon Oil KDV BV to acquire their 15% interest in Atrush. · Company issued $240 million in new bonds on July 5 and retired all existing bonds on August 1. · Revenues of $41.8