Corporate Presentation - November 2011 - ShaMaran Petroleum ...

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Arbat Structural Leads – Large Surface Anticlines163 large surface anticlines:» Lead E has closure in dipdirection – Strike direction tobe determined by new seismic» Lead F has closure in strikedirection – Dip direction to bedetermined by new seismic» Possible closure in front ofLead E (similar to Arbat Aprospect)
Taza Update17» Option agreement converted to PSC» Significant drillable 4-way dip-closed prospectidentified on trend to Jambur (1.2 BBO) andSarqala (WZR)K42» Presence of surface oil seep and proven oil ontrend increases chance for oil rather than gas» Planning underway to drill an exploration well inQ1/Q2 2012 – PTD ~3400m MD» High flow rates in excess of 9000 bopd fromontrend Sarqala well (Jeribe Fm) providesoptimism for main Jeribe targetOne of the Taza Block Oil Seeps*<strong>2011</strong> Operator estimates for Jeribe, Euphrates & Shiranish only
Page 1 and 2: Exploration & Development in Kurdis
Page 3 and 4: In the Heart of the Middle East: Ku
Page 5 and 6: Kurdistan in Earliest Phase of Expl
Page 7 and 8: Asset Summary7ShaMaran has one of t
Page 9 and 10: Atrush Update9» Gross oil column o
Page 11 and 12: Atrush-1 Jurassic Oil Discovery11At
Page 13 and 14: Pulkhana Update: PLK-8RE13» Legacy
Page 15: Arbat Update15» High potential exp
Page 19 and 20: Converting Resources to Reserves19A
Page 21 and 22: Building Value21Valuations are diff
Page 23 and 24: Health, Safety & Environment (HSE)2
Page 25 and 26: Profile & Contacts25» Symbol TSX V

Corporate Presentation - November 2011 - ShaMaran Petroleum ...

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