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2020-05-06 · Marathon Oil Reports First Quarter 2020 Results 1 mboed for the first quarter 2019 and the year 2019 related to the sale of our non-operated interest in the Atrush block in Kurdistan which Marathon Oil Corporation has acquired 20% WI in the Atrush block in the Kurdistan Region of Iraq from ShaMaran. ShaMaran, through its wholly owned subsidiary, ShaMaran Ventures BV, has a one third stake in General Exploration Partners Inc. which is a party to the Atrush Block Production Sharing Contract and currently holds 80% WI in the Block. ShaMaran is a Canadian oil and gas company listed on the TSX Venture Exchange and the NASDAQ First North Growth Market (Sweden) under the symbol “SNM.”. The Company has a 27.6% ownership interest in Atrush Block, a high‐quality oil field in Kurdistan that has a large production base with significant growth potential. Following an initial announcement in December, TAQA and ShaMaran Petroleum have completed the acquisitions of a further 7.5% stake each in the Atrush oil block in Iraq's Kurdistan Region from the exiting Marathon Oil. ShaMaran Petroleum Corporation refers to the agreement announced on June 4, 2018 whereby the Company’s wholly owned subsidiary, General Exploration Partners, Inc. (“GEP”), agreed in a sale and purchase agreement (the “SPA”) with Marathon Oil KDV B.V. (“MOKDV”) ,a wholly owned subsidiary of Marathon Oil Corporation (“Marathon”), to acquire from MOKDV a further 15% working interest in the Atrush Block Production Sharing Contract in the Kurdistan Region of Iraq (“the Marathon Oil Corporation (NYSE: Marathon Oil held a 15% stake interest in the Atrush Block in the Kurdistan region in Iraq, and represents its only holding in the country.

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Marathon Petroleum Company LP is an Equal Opportunity Employer and gives consideration for employment to qualified applicants without discrimination on the basis of race, color, religion, creed, sex, gender (including pregnancy, childbirth, breastfeeding or related medical conditions), sexual orientation, gender identity, gender expression, age, mental or physical disability, medical condition Shamaran's interest remained at 26,8% of Atrush, and the remaining 20% is held by Marathon Oil. In June, 2018 Shamaran Petroleum announced that it intends to purchase Marathon Petroleum's 15% share of the Atrush Block., with effect from Jan 1, 2018. 2013-10-07 · Marathon Oil and Partners Announce Approval for Atrush Development in the Kurdistan Region of Iraq HOUSTON, Oct. 7, 2013 (GLOBE NEWSWIRE) -- Marathon Oil Corporation (NYSE: MRO) and its partners announced they have received approval from the Kurdistan Regional Government for the first phase in the oil development of the Atrush block in the Kurdistan Region of Iraq. Se hela listan på nsenergybusiness.com Marathon Oil (NYSE:MRO) said it has acquired a 20% working interest in the Atrush block in the Kurdistan region of Iraq, alongside General Exploration HOUSTON -- Marathon Oil and its partners said they have received approval from the Kurdistan Regional Government for the first phase in the oil development of the Atrush block in the Kurdistan Notably, Marathon Oil held a 15% stake in the Atrush Block in the Kurdistan region, netting 2,400 net barrels of oil equivalent per day (Boe/d) to the firm during first-quarter 2019. The lengthy saga of US firm Marathon’s exit from Iraqi Kurdistan has finally been concluded with an agreement for the sale of its 15% stake in the 30,000 b/d Atrush field (Taqa 39.9%op, Shamaran 20.1%, Marahthon 15%, KRG 25%).

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ShaMaran is a Canadian oil and gas company listed on the TSX Venture Exchange and the NASDAQ First North Growth Market (Sweden) under the symbol “SNM.”. The Company has a 27.6% ownership interest in Atrush Block, a high‐quality oil field in Kurdistan that has a large production base with significant growth potential.

MFN.se > ShaMaran Petroleum > ShaMaran Petroleum Corp

In May 2019, TAQA Iraq completed the acquisition of an additional 7.5% working interest in the Atrush block from Marathon Oil KDV B.V. interest in the Atrush Block from Marathon Oil KDV B.V. (“MOKDV”). ShaMaran is pleased to announce that it and TAQA Atrush BV (“TAQA”), Operator of the Atrush Block, have agreed jointly to acquire from Marathon its 15% participating interest in the Atrush Block held through MOKDV in equal proportions of 7.5%. TAQA Atrush operates and holds a 39.9% stake in the Atrush block. ShaMaran Petroleum, via its subsidiary General Exploration Partners, owns a 20.1% interest.

Marathon oil atrush

Transaktionen aviserades i slutet av december men  återbetalning till obligationsinnehavare kopplat till Marathon-affären i Atrush-fältet i Kurdistan och vissa andra tillgångar från Marathon Oil. SHAMARAN ANNOUNCES ATRUSH-2 WELL TESTS OVER 42,200 Marathon Oil KDV B.V., a wholly owned subsidiary of Marathon Oil  We continue to target first oil from Atrush mid-2016, although 26.8%, 20% Marathon Oil KDV B.V., (a wholly owned subsidiary of Marathon Oil  Shamarans intresse förblev 26,8% av Atrush och de återstående 20% innehas av Marathon Oil. I juni 2018 meddelade Shamaran Petroleum att man avser att  I januari i år så gjorde jag en analys på ShaMaran Petroleum, och in en ytterligare en stor partner i blocket Atrush med Marathon Oil..20%.
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Marathon oil atrush

Oil started flowing through the Atrush Central Processing Facility on 3rd July which has the capacity to handle up to 30,000 barrels of oil per day. The TAQA-operated Atrush Block […] ShaMaran Petroleum Corp. is a Kurdistan focused oil development and exploration company with a 20.1% direct interest in the Atrush oil discovery. As announced in ShaMaran’s June 4, 2018 news release, the Company has signed an agreement with Marathon Oil KDV B.V. to acquire its 15% interest in the Atrush Block. The Atrush field is located 85 km northwest of Erbil and is one of the largest new oil developments in the Kurdistan Region.

Det kanadensiska ShaMaran Petroleum Corp är ett bolag i Lundinsfären som kontrollerar 20,1 TAQA (39,9%), KRG (25 %) samt Marathon Oil (15 %) och är ShaMarans enda tillgång.
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Following an initial announcement in December, TAQA and ShaMaran Petroleum have completed the acquisitions of a further 7.5% stake each in the Atrush oil block in Iraq's Kurdistan Region from the exiting Marathon Oil. Marathon Oil Corp said on Wednesday it discovered oil at a well in the Kurdish region of Iraq.