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VANCOUVER, BRITISH COLUMBIA--(Marketwired - March 14, 2016) - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE:SNM)(OMX:SNM) is pleased to announce a proposed financing arrangement (the "Arrangement") to complete its share of the estimated investments in 2016 in order to deliver the Atrush field into production. The Atrush project is progressing according to plan with first oil targeted mid-2016. |
