ShaMaran Petroleum Corp. is in the business of developing and producing oil and gas. The Company has a 27.6% participating interest in the Atrush block, Kurdistan Region of Iraq through its wholly owned subsidiary General Exploration Partners, Inc. On September 14, 2022, the Company announced that it successfully closed the acquisition of TEPKRI Sarsang A/S, a wholly owned subsidiary of TotalEnergies S.E. The Company now also holds an 18% participating interest in the Sarsang block, Kurdistan Region of Iraq through its wholly owned subsidiary ShaMaran Sarsang A/S (the change of name was made immediately after closing).

The Company’s common shares are listed on the TSX Venture Exchange in Canada and the NASDAQ First North Growth Market in Sweden. The Company is incorporated and domiciled in British Columbia, Canada under the Business Corporations Act. The address of its registered and records office is 550 Burrard Street, Suite 2900, Vancouver, BC Canada V6C 0A3 and its business address is 885 West Georgia Street, Suite 2000, Vancouver, BC Canada V6C 3E8.