ShaMaran Reports 2021 Financial Results
ShaMaran Reports 2021 Financial Results with Record Revenues, EBITDAX over Three times the Previous Year, Cash Flow from Operations Close to Five times the Previous Year and Atrush 2P Reserves Replacement Ratio of 102%VANCOUVER, BC, April 25, 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 months and year ended December 31, 2021[1]. Dr. Adel Chaouch, President and Chief Executive Officer of