ShaMaran Petroleum Corp. is an independent oil and gas company with production from two adjacent blocks in the Kurdistan region of Iraq. The Company indirectly holds a 50% working interest (66.67% paying interest) in the Atrush Block and an 18% interest (22.5% paying interest) in the Sarsang Block. To date, cumulative production (100% basis) from its fields has reached almost 150 million barrels. The Company is focused on developing the considerable reserve and production upside potential of its projects. ShaMaran is part of the Lundin Group of companies. Please view the Company’s latest MD&A and Annual Information Form for important information related to its projects and a description of the Company’s business, reserves and risk factors.