Welcome To ShaMaran Petroleum Corp

Edit this title from the Fast Facts Section

Free
AGORACOM NEWS FLASH

Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Sincerely,

George et al

Message: NR...start the 2D seismic...still more options..every action has an option...

NR...start the 2D seismic...still more options..every action has an option...

posted on Jan 04, 2010 09:42PM

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 4, 2010) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM) is pleased to report that the Company has executed a seismic contract with Gulf Geophysics FZCO (subsidiary of the Bureau of Geophysical Prospecting (BGP)) for the acquisition of 800 line kilometers of new 2D seismic data. The program is expected to commence by January 15, 2010 and will cover the Company's three blocks (Pulkhana, Arbat and K-42) in Iraqi-Kurdistan.

The program is designed to provide seismic data coverage over the Pulkhana development block as part of a planned appraisal program. On the Arbat and K-42 blocks, the seismic acquisition program is designed to confirm known leads and identify new targets.

In addition, the Company announces that it has granted an aggregate of 400,000 incentive stock options to certain directors and officers of the Company. The options are exercisable, subject to vesting provisions, at a price of $0.47 per share over a period of 5 years.

Share
New Message
Please login to post a reply