Brief: ShaMaran Confirms Payment Of $16.2 Mln Has Been Received From Kurdistan Regional Government For Atrush Crude Oil Sales During Oct 2019

ShaMaran Petroleum

01/04/2020 22:39

April 1 (Reuters) - ShaMaran Petroleum Corp  SNM.V :
    * SHAMARAN CORPORATE AND OPERATIONAL UPDATE
    * SHAMARAN PETROLEUM -  CONFIRMS PAYMENT OF $16.2 MILLION
HAS BEEN
RECEIVED FROM KURDISTAN REGIONAL GOVERNMENT FOR ATRUSH CRUDE OIL
SALES DURING OCT 2019
    * SHAMARAN PETROLEUM CORP - ACTIVELY LOOKING AT
OPPORTUNITIES AND
OPTIONS THAT WILL REPRESENT BEST LONG-TERM VALUE FOR SHAMARAN
    * SHAMARAN PETROLEUM CORP - TOOK IMMEDIATE STEPS TO REDUCE
EXPENDITURES AND IS WORKING CLOSELY WITH ITS PARTNER ON WAYS TO
FURTHER REDUCE CAPITAL OUTLAY

Source text for Eikon:  ID:nCNWXbkFza 
Further company coverage:  SNM.V 

 ((Reuters.Briefs@thomsonreuters.com;))