SHAMARAN ANNOUNCES PAYMENT FOR ATRUSH OIL DELIVERIES
VANCOUVER, BRITISH COLUMBIA, May 23, 2018 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (Nasdaq Stockholm First North: SNM) reports that TAQA Atrush BV, Operator of the Atrush Block, has received USD 34.4 million on behalf of the Atrush co-venturers from the Kurdistan Regional Government comprised of payments of USD 15.0 million for February 2018 crude oil deliveries from the Atrush license to the export market and of USD 19.4 million of the Atrush Feeder Pipeline Cost and Atrush Development Cost loan repayments. The latter constitutes payments for four