Corporate Presentation - November 2011 - ShaMaran Petroleum ...
Corporate Presentation - November 2011 - ShaMaran Petroleum ...
Corporate Presentation - November 2011 - ShaMaran Petroleum ...
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Key Points24» One of the best acreage positions in one of most prospective areas in the world» Size potential of SNM’s projects similar to recent discoveries in Kurdistan» Cash >$ 25 million» Mean unrisked PIIP (gross) in excess of 3.3 billion barrels in four projects*» Two discoveries and two high potential exploration plays» Early production systems in planning stage to allow future exploration / appraisal activity tobe funded from cash flow» Significant industry interest imminent from major players currently operating in the south. Anumber of high-profile deals announced in recent months*McDaniel & Associates / RPS Energy
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