Kurdistan Region of Iraq Where We Operate. HKN holds a 62 percent PSC interest in the 420 km2 Sarsang block. TEPKRI Sarsang A/S (subsidiary of TOTAL S.A.)

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Atrush Field is an oilfield near Dohuk, Iraqi Kurdistan. It was discovered by the Consortium of General On November 7, 2016 the 4 th PSC Amendment and Atrush Facilitation Agreement were concluded between the Non-Government Contractors and the Kurdistan Regional Government ("KRG") resulting in, among other things, the KRG acquiring a 25% participating interest in the Atrush PSC and in a 20.1% interest for General Exploration Partners, Inc. (a wholly owned subsidiary of the Company). VANCOUVER, June 4, 2018 /CNW/ - ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSX VENTURE: SNM) (NASDAQ First North: SNM) is pleased to announce that it has entered into an agreement to acquire a further 15% working interest in the Production Sharing Contract – Atrush Block, Kurdistan Region of Iraq dated 10th November 2007, as amended from time to time, (the “Atrush PSC Atrush PSC and the related Facilitation Agreement and are deemed to be Exploration Costs and will be repaid based on an agreed amount of the KRG’s share of … The 4th PSC Amendment and Atrush Facilitation Agreement include the following principal terms: • The KRG acquires a 25% interest in the PSC effective November 7, 2012, the date of declaration of commerciality (“DOC date”). As a consequence the respective participating interests in the Atrush PSC ShaMaran Petroleum Corp Company Announcement SHAMARAN PETROLEUM: OPERATIONS UPDATE. November 8, 2016 - ShaMaran Petroleum Corp.

Atrush psc

The Atrush block is a crude oil development with ten producing wells, an on-block central processing facility and a temporary early production facility located at one of the drilling pads. The Acquisition, with effect from January 1, 2018, includes a 15% working interest in the Atrush PSC as well as USD 21.3 million in loans provided to the Kurdistan Regional Government of Iraq ("KRG") which fall due over the 22 months beginning January 1, 2018. Atrush. PSC - Atrush - GEP - 10/11/2007; First Amendment Agreement - 01/08/2010; Marathon Gaurantee - 20/10/2010; Marathon LOR - 20/10/2010; TPI Assignment, Novation Discover the magic of the internet at Imgur, a community powered entertainment destination. Lift your spirits with funny jokes, trending memes, entertaining gifs, inspiring stories, viral videos, and so much more. SNM PSC revenues 2019 post Marathon deal 27.1% in Atrush - Album on Imgur 576 views on Imgur: The magic of the Internet An outline of the Atrush PSC Revenue Flow of General Exploration Partners. Inc. (the wholly owned subsidiary of ShaMaran Petroleum Corp.) is shown below as an example.

New York, NY: Guilford Press. Beck, A. T., Ward, C. H., Mendelson, M ., Sonora Quest is currently looking for Phlebotomy Tech I - Q2T PSC (Float) near Phoenix.

Aug 5, 2020 under the production sharing contract (PSC) and natural decline. Other International includes volumes for the Atrush block in Kurdistan,

On November 7, 2016 the Assignment, Novation and Fourth Amendment Agreement to the PSC (the “4th PSC Amendment”) and Atrush Facilitation Agreement were concluded between TAQA Atrush B.V. (“TAQA” and the Operator of the Atrush Block), General Exploration Partners. Inc. The KRG acquires a 25% interest in the PSC effective November 7, 2012, the date of declaration of commerciality ("DOC date"). As a consequence the respective participating interests in the Atrush PSC are TAQA at 39.9%, the KRG at 25%, GEP at 20.1% and Marathon Oil KDV B.V. at 15%; Define Atrush Block Agreements. means the Atrush Block PSC, Atrush Block First PSC Amendment, Atrush Block Second PSC Amendment, Atrush Block Third PSC Amendment, and the Atrush Block Fourth PSC Amendment.

In a production sharing contract (“PSC”) the host country’s government awards to an oil company (or group of companies, typically called the Contractor) the rights to explore in a specified area and following discovery of hydrocarbons in such area the right to produce such discovered resources.

means the Atrush Block PSC, Atrush Block First PSC Amendment, Atrush Block Second PSC Amendment, Atrush Block Third PSC Amendment, and the Atrush Block Fourth PSC Amendment.

("ShaMaran" or the "Company") (TSX VENTURE: SNM) (OMX: SNM) is pleased to VANCOUVER, MARCH 3, 2020 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (OMX: SNM) today released its financial and operating A Field Development Plan for the Atrush Block was submitted for approval to the KRG on May 6 2013 which is in accordance with the terms of the Atrush Block PSC. The Atrush-3 appraisal well, located 6.5 kilometers to the east of the Atrush-2 appraisal well, was spudded on March 25, 2013 and reached total depth of 1,806 meters on June 23, 2013. 2019-01-03 · interest in Atrush at a very attractive cost.
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22,157 bopd) and was within production guidance range of 30,000 to 35,000 bopd. Simultaneously the Assignment, Novation and Fourth Amendment Agreement to the PSC (the "4th PSC Amendment") and Atrush Facilitation Agreement were concluded between TAQA, General Exploration Partners, Inc. ("GEP", a wholly owned subsidiary of ShaMaran), Marathon Oil KDV BV (together, the "Non-Government Contractors") and the Kurdistan Regional Government ("KRG"). The Atrush block is a crude oil development with ten producing wells, an on-block central processing facility and a temporary early production facility located at one of the drilling pads. The Acquisition, with effect from January 1, 2018, includes a 15% working interest in the Atrush PSC as well as USD 21.3 million in loans provided to the Kurdistan Regional Government of Iraq ("KRG") which fall due over the 22 months beginning January 1, 2018.

GEP has paid, and will continue to pay, all cash calls in full in accordance with its participating interest.
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4 juni 2018 — The Acquisition, with effect from January 1, 2018, includes a 15% working interest in the Atrush PSC as well as USD 21.3 million in loans

2017 — The KRG acquires a 25% interest in the Atrush PSC effective November 7, 2012, the date of declaration of commerciality (“DOC date”). 15 mars 2021 — mars 2013 har Kurdistans regionala regering (KRG) utnyttjat sin möjlighet att förvärva 25% statligt intresse för Atrush-fältet enligt PSC-avtalet. respect of the Atrush Block production sharing contract (Atrush Block PSC) related to a petroleum property located in the Kurdistan Region of Iraq (Kurdistan). 24 mars 2013 — Atrush - 2 rum och kök / Svar till berra b på petrograns forum inte nämns) då säger så här 3 borrningar kostar ca 10 m usd =SNM andel i PSC. 6 aug. 2011 — ShaMaran har under första årets halva gjort ett jättefynd i Atrush, plockat in C$ 50 miljoner i en Taza (tidigare K42) - PSC tecknat med KRG. 14 sep. 2012 — Atrush 2-brunnen är förmodlingen det högsta flödet från en oljekälla i irakiska entreprenörer i enlighet med de överenskomna PSC. Om ett De är i förproduktionstadiet av ett prospekterings- och utvecklingskampanj avseende Atrush Block produktionsandelsavtal (Atrush Block PSC) i förbindelse med 22 nov. 2017 — I detta läge kommer ”R” faktorn (Läs Atrush PSC: Med denna modell (Som faktiskt finns i PSC kontrakt för den som vill läsa) är det relativt företrädare för TAQA att deras mål är att äga hela Atrush med tiden.

On November 7, 2016 the 4 th PSC Amendment and Atrush Facilitation Agreement were concluded between the Non-Government Contractors and the Kurdistan Regional Government ("KRG") resulting in, among other things, the KRG acquiring a 25% participating interest in the Atrush PSC and in a 20.1% interest for General Exploration Partners, Inc. (a wholly owned subsidiary of the Company).

Atrush Field is a Jurassic fractured carbonate oilfield near Dohuk, Iraqi Kurdistan.It was discovered by the Consortium of General Exploration Partners. As of March 12, 2013 the Kurdistan Regional Government (KRG) has exercised its option to acquire a 25% Government Interest of the Atrush Field according to the PSC contract. [5] General Exploration Partners (GEP) held 80% of Atrush and was in o Entitlement share of Atrush PSC profit oil and cost oil: the Company received payments totalling $14.0 million reflecting its entitlement share of the $40.7 million in total payments received by the Atrush Non-Government Contractors from the KRG for October through December 2017 oil sales. GEP and TAQA are in disagreement as to the correct interpretation of participating interest share of Atrush cash calls which are due and payable by GEP under the JOA and the Atrush Block Production Sharing Contract (the "PSC"). GEP has paid, and will continue to pay, all cash calls in full in accordance with its participating interest.

“Garmian PSC” means the Production Sharing Contract which was entered into Kurdamir, Shaikan, Tawke, Barda Rash, Atrush, Bina Bawi and Demir Dagh. Dr. Elliott completed his residency at the University of Wisconsin Medical School in Psychiatry. He completed fellowships in Consultation-Liaison Psychiatry at PSC - Atrush - GEP - 10/11/2007 · First Amendment Agreement - 01/08/2010 · Marathon Gaurantee - 20/10/2010 · Marathon LOR - 20/10/2010 · TPI Assignment , Aug 27, 2013 PJSC's TAQA Atrush BV subsidiary has extended the Atrush field area 6.5 km to the on May 6, 2013, in accordance with the terms of the PSC. Atrush Field is a Jurassic fractured carbonate oilfield near Dohuk, Iraqi Kurdistan. “Atrush Block”, “Atrush PSC” & “Atrush Field” were unchanged. The structure Clin North Am. 2010 Sep; 33(3): 537–555.