Corporate Presentation - November 2011 - ShaMaran Petroleum ...

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Taza Prospect18» Five regional reservoir targets: Jeribe,Euphrates/Serikagni, Kirkuk Group, Jaddala andShiranish» Estimated mean recoverable oil of 545 millionbarrels, with billion barrel potential*» Internal & Third party audit of all potentialreservoirs ongoing (due year end)A’Gross Prospective Resources*(MMBO)MeanLow(1C)Best(2C)High(3C)Oil Only case 586 94 460 1106ATaza Prospect*<strong>2011</strong> Operator /Internal estimates for Jeribe, Euphrates & Shiranish oil only case
Converting Resources to Reserves19Aggressive Schedule:Subject to partner and Government approval
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 and 16: Arbat Update15» High potential exp
Page 17: Taza Update17» Option agreement co
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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