ShaMaran Announces Financial and Operating Results for the Year Ended December 31, 2018
VANCOUVER, BRITISH COLUMBIA, March 8, 2019 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (OMX: SNM) is pleased to announce its financial and operating results for the year ended December 31, 2018. Unless otherwise stated all currency amounts indicated as “$” in this news release are expressed in thousands of United States dollars. HIGHLIGHTS · ShaMaran agreed with Marathon Oil KDV B.V. and TAQA Atrush B.V. to acquire 7.5% additional Atrush interest. · 11% increase in Gross 2P reserves announced in February 2019. · Bonds refinanced: In