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ShaMaran Provides Operational Update

HAMILTON, Bermuda, July 20, 2026 /CNW/ -- ShaMaran Petroleum Ltd. ("ShaMaran" or the "Company") (Euronext Growth Oslo: SNM) (Nasdaq First North Stockholm: SNM) announces that production and pipeline exports at the Atrush and Sarsang fields have been temporarily shut-in due to the deterioration of the regional security environment. Together with our joint venture partners, the Company is closely monitoring the regional security situation in order to protect our field personnel and assets, and we will restart production when deemed safe to do so. Important Information This

ShaMaran Announces First Day of Trading on Euronext Growth Oslo and Publication of Information Document

Hamilton, Bermuda, June 5, 2026 /CNW/ - ShaMaran Petroleum Ltd. (“ShaMaran” or the “Company”) refers to the previous announcements regarding the admission to trading of the Company’s shares on Euronext Growth Oslo (the “Listing”). The Company has prepared an information document solely for the purpose of the Listing. The information document is attached to this announcement and will also be made available on the Company’s website (Oslo Listing and Bermuda Continuance | ShaMaran Petroleum Ltd) . The first

ShaMaran Announces Successful Retail Private Placement

Hamilton, Bermuda, June 2, 2026 /CNW/ – ShaMaran Petroleum Ltd. (“ShaMaran” or the “Company”) has placed the previously announced retail private placement of new shares in the Company (the “Offer Shares”) for the NOK equivalent of up to EUR 1 million (the “Retail Private Placement”) in connection with the contemplated listing of the Company on Euronext Growth Oslo market (“EGO”) operated by the Oslo Stock Exchange (“OSE”). ShaMaran announces that 8,999,999 Offer Shares have been successfully placed with the Retail Private Placement multiple times oversubscribed, and the Company welcomes

ShaMaran Announces Completion of Corporate Continuance to Bermuda and Update on Primary Listing in Oslo with Required Private Placement of up to EUR 1 million

VANCOUVER, BC, May 28, 2026 /CNW/ – ShaMaran Petroleum Ltd., formerly ShaMaran Petroleum Corp., (“ShaMaran” or the “Company”) (Nasdaq First North: SNM) has completed the previously announced corporate continuance from Canada to Bermuda. The Company’s shares have been delisted from the TSX Venture Exchange in Toronto (“TSXV”) and are expected to begin trading under ticker symbol “SNM” on the Euronext Growth Oslo market (“EGO”) operated by the Oslo Stock Exchange (“OSE”) by June 5, 2026. In order to satisfy the listing criteria on EGO, Management expects to do a retail share offering of up to

ShaMaran Announces Expected Timeline for Primary Listing in Oslo and Corporate Continuance to Bermuda

VANCOUVER, BC, May 11, 2026 /CNW/ – ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) (Nasdaq First North: SNM) announces that the process to change the Company’s primary listing from the TSX Venture Exchange (“TSXV”) to the Euronext Growth Oslo market (“EGO”) operated by the Oslo Stock Exchange (“OSE”) will begin on May 26, 2026, and is expected to be completed by June 5, 2026. Management plans to simultaneously effect a corporate continuance from Canada to Bermuda to have a more efficient corporate structure. The Special Meeting of Shareholders held on March 10, 2026,

ShaMaran Reports First Quarter 2026 Results

Vancouver, British Columbia, May 6, 2026 /CNW/ – ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) (Nasdaq First North: SNM) today released its financial and operating results and related management’s discussion and analysis (“MD&A”) for the three months ended March 31, 2026. Garrett Soden, President and CEO of ShaMaran, commented: “ShaMaran had a solid start to 2026 on the back of operational strength at Atrush and higher price realizations from international export sales. Unfortunately, the Iran war has severely impacted the Kurdistan region with most international oil

ShaMaran Reports Incident at Sarsang Facility

Vancouver, British Columbia – ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) (Nasdaq First North: SNM) has been informed by HKN Energy Ltd. (“HKN”), the operator of the Sarsang Block in the Kurdistan region of Iraq, that an explosion occurred earlier today at one of the storage facilities in the Sarang field.All personnel have been safely accounted for, and no injuries have been reported. HKN has initiated a full assessment of the situation and is coordinating closely with local authorities and relevant stakeholders to manage the response and ensure the safety of

ShaMaran Announces Shareholder Approval for Primary Listing in Oslo and Corporate Continuance to Bermuda

Vancouver, British Columbia, March 10, 2026 /CNW/ – ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) (Nasdaq First North: SNM) announces that the Special Meeting of Shareholders held on March 10, 2026, approved the continuance of the Company from Canada to Bermuda and the delisting of the Company’s shares from the TSX Venture Exchange (“TSXV”). Following the continuance to Bermuda, the Company plans to list its shares on the Euronext Growth Oslo market (“EGO”) operated by the Oslo Stock Exchange (“OSE”) and will maintain the Company’s secondary listing on Nasdaq First

ShaMaran Reports Incident at Sarsang Facility

VANCOUVER, BC, March 5, 2026 /CNW/ - ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) (Nasdaq First North: SNM) has been informed by HKN Energy Ltd. (“HKN”), the operator of the Sarsang Block in the Kurdistan region of Iraq, that an explosion occurred earlier today at one of the processing facilities in the Sarang field. All personnel have been safely accounted for, and no injuries have been reported. HKN has initiated a full assessment of the situation and is coordinating closely with local authorities and relevant stakeholders to manage the response and ensure the

ShaMaran Reports Fourth Quarter 2025 Results and Year-End Reserves and Resources

Vancouver, British Columbia, March 4, 2026 /CNW/ – ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) (Nasdaq First North: SNM) today released its financial and operating results and related management’s discussion and analysis (“MD&A”) for the three and twelve months ended December 31, 2025. Garrett Soden, President and CEO of ShaMaran, commented: “Our year-end results demonstrate the Company’s earnings potential from better international crude pricing following the reopening of the Iraq-Türkiye export pipeline, with sales and EBITDAX¹ materially higher than in previous

ShaMaran Reports Temporary Production Shut-In

VANCOUVER, BC, March 2, 2026 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSXV: SNM) (Nasdaq First North: SNM) has been informed that HKN Energy Ltd. ("HKN"), the operator of the Atrush and Sarsang blocks in the Kurdistan Region of Iraq, has temporarily shut-in production from both fields as a precautionary measure due to the deterioration in the regional security environment. The Company's assets and personnel have not been impacted. ShaMaran and HKN are closely monitoring the situation, and the Company will provide further updates as appropriate. Important

ShaMaran Announces Proposed Primary Listing in Oslo and Corporate Continuance to Bermuda

Vancouver, BC, Jan. 19, 2026 /CNW/ – ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) (Nasdaq First North: SNM) announces that it is pursuing a change in the Company’s primary listing on the TSX Venture Exchange (“TSXV”) to the Euronext Growth Oslo market (“EGO”) operated by the Oslo Stock Exchange (“OSE”). The Company will continue to fully support the secondary listing on Nasdaq First North Growth Market in Stockholm. ShaMaran plans to simultaneously effect a corporate continuance from Canada to Bermuda to have a more efficient corporate structure. Garrett Soden,

ShaMaran Corporate Update

VANCOUVER, BC, Dec. 4, 2025 /CNW/ – ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) (Nasdaq First North: SNM) announces that a total of 8,300,000 stock options and 11,540,000 Restricted Share Units (“RSUs”) were granted today (“Grant Date”) to certain officers, employees and other eligible persons of the Company pursuant to the Company’s Stock Option Plan and Share Unit Plan. The stock options have a five-year term, vest in three equal annual installments starting from the Grant Date and were issued with an exercise price of CAD 0.245 per share, based on the closing

ShaMaran Announces First Oil Cargo Lifting from Ceyhan Terminal

VANCOUVER, BC, Nov. 17, 2025 /CNW/ - ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) (Nasdaq First North: SNM) announces that the first lifting of crude oil export barrels allocated to international oil companies (“IOCs”) as “payment-in-kind” under the interim pipeline export agreements was completed by the nominated trader at the Ceyhan oil terminal in Türkiye on November 15, 2025. Under the interim agreements, ShaMaran expects payment for its share of cargo liftings within 30 days. A second lifting of IOC-allocated barrels related to production and pipeline exports

ShaMaran Reports Third Quarter 2025 Results

Vancouver, British Columbia, November 5, 2025 /CNW/ - ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) (Nasdaq First North: SNM) today released its financial and operating results and related management’s discussion and analysis (“MD&A”) for the three and nine months ended September 30, 2025. Garrett Soden, President and CEO of ShaMaran, commented: “The highlight of the third quarter was the reopening of the Iraq-Türkiye pipeline after being closed for more than two and a half years. The resumption of pipeline exports benefits all Iraqis and enables oil companies

ShaMaran Announces Agreements to Restart Oil Exports via Iraq-Türkiye Pipeline

VANCOUVER, BC, Sept. 25, 2025 /CNW/ – ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) (Nasdaq First North: SNM) announces that interim agreements have been executed between the Kurdistan Regional Government, Government of Iraq and several International Oil Companies (“IOCs”), including ShaMaran. These agreements are expected to enable the restart of international oil exports by pipeline from the Kurdistan Region of Iraq (“KRI”) within a matter of days. Garrett Soden, President and CEO of ShaMaran, commented: “We welcome the resumption of oil exports from the Kurdistan

ShaMaran Reports Second Quarter 2025 Results

VANCOUVER, BC, Aug. 6, 2025 /CNW/ – ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) (Nasdaq First North: SNM) 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, 2025. Garrett Soden, President and CEO of ShaMaran, commented: “We remain focused on generating strong cash flow and accelerating debt repayment, as shown in the Q2 2025 results.  Over the last year, we have reduced the Company’s net debt[1] by almost 50%, providing a solid base for potential future shareholder

ShaMaran Reports Incident at Sarsang Facility

VANCOUVER, BC, July 15, 2025 /CNW/ - ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) (Nasdaq First North: SNM) has been informed by HKN Energy Ltd. (“HKN”), the operator of the Sarsang Block in the Kurdistan Region of Iraq, that an explosion occurred earlier today at approximately 7:00 AM local time at one of the production facilities in the Sarang field.All personnel have been safely accounted for, and no injuries have been reported. HKN has initiated a full assessment of the situation and is coordinating closely with local authorities and relevant stakeholders to

ShaMaran Announces Annual Meeting Voting Results

VANCOUVER, BC, June 23, 2025 /CNW/ – ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) (Nasdaq First North: SNM) held its annual general and special meeting of shareholders in Vancouver, British Columbia today, and all resolutions were passed. Shareholders voted as follows on the matters before the meeting: Fixing the number of Directors  Shareholders fixed the number of directors at five (5) with 99.65% of shares represented at the meeting voting in favour. Re-election of Directors Shareholders elected the following five (5) board members to serve on the

ShaMaran Reports First Quarter 2025 Results

VANCOUVER, BC, May 7, 2025 /CNW/ – ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) (Nasdaq First North: SNM) today released its financial and operating results and related management’s discussion and analysis (“MD&A”) for the three months ended March 31, 2025. Garrett Soden, President and CEO of ShaMaran, commented: “The strong momentum from ShaMaran’s 2024 performance continued in Q1 2025, with significant increases in our working interest production, sales and EBITDAX[1] compared to Q1 2024. In the first four months of 2025, we repaid approximately $56 million of our

ShaMaran Announces Bondholder Approval

VANCOUVER, BC, April 11, 2025 - ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) (Nasdaq First North: SNM) announces that a large majority of the Company’s bondholders in the 12% senior unsecured bond due July 2027 (the “Bond”) have voted in favor of the previously announced proposal to amend the Bond as referenced in the Company’s news release of March 27, 2025. The approved amendments to the Bond include converting the mandatory quarterly cash sweep to voluntary and extending the maturity by two years to July 2029. Important Information ShaMaran is obliged to

ShaMaran Reports Partial Bond Repayment

VANCOUVER, BC, April 8, 2025 /CNW/ – ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) (Nasdaq First North: SNM) announces that it will repay a portion of the 12% senior unsecured bond (ISIN NO0011057622) (the “Bond”) on April 30, 2025. The Company expects to repay approximately $29.4 million (17% of the current total outstanding amount) at par pro rata to all bondholders utilizing the cash sweep mechanism under the amended and restated Bond terms dated June 27, 2024. The total outstanding amount of the Bond following the partial repayment will be approximately $143.8

ShaMaran Announces Bond Summons

VANCOUVER, British Columbia, Mar. 27, 2025 /CNW/ – ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) (Nasdaq First North: SNM) announces that the Company has today issued a summons for written resolution to all bondholders in the outstanding 12% senior unsecured bond due July 2027 (ISIN NO 0011057622) (the “Bond”). The summons proposes amendments to the Bond (the “Proposal”), including converting the mandatory quarterly cash sweep to voluntary and extending the maturity by two years to July 2029.   The Company has met with and received strong support for the Proposal

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