Brief: ShaMaran Reports 140 Pct Reserve Replacement Ratio In Atrush

ShaMaran Petroleum

15/02/2019 23:17

Feb 15 (Reuters) - ShaMaran Petroleum Corp  SNM.V :
    * SHAMARAN REPORTS 140% RESERVE REPLACEMENT RATIO IN ATRUSH,
2019
GUIDANCE
    * SHAMARAN PETROLEUM CORP - ATRUSH FIELD GROSS PRODUCTION IS
EXPECTED TO RANGE FROM 30,000 BOPD TO 35,000 BOPD IN 2019
    * SHAMARAN PETROLEUM CORP - ATRUSH GROSS CAPITAL
EXPENDITURES FOR
2019 IS ESTIMATED AT USD 137 MILLION
    * SHAMARAN PETROLEUM CORP - ATRUSH LIFTING COSTS ARE
ESTIMATED TO
RANGE FROM USD 6.30/BBL TO USD 7.90/BBL IN 2019

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

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