ShaMaran Reports Record Quarterly Oil Sales Revenues and Record Operational Cash Flows
VANCOUVER, BRITISH COLUMBIA, August 9, 2022 /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 six months ended June 30, 2022¹. Dr. Adel Chaouch, President and Chief Executive Officer of ShaMaran, commented “I am very pleased to report that in the second quarter of 2022 the Company delivered to its investors another record set of results. Sales grew by over 78% versus the same quarter in 2021