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Corporate Presentation - November 2011 - ShaMaran Petroleum ...

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Kurdistan in Earliest Phase of Exploration5» Less than 10 exploration wells drilled inKurdistan prior to 2006 due to politics andpredominance of Kirkuk» Prior drilling based on surface anticlines andseeps - no seismic» 25 wells drilled in the last 5 years with over 70%success rate for finding oilKURDISTANLegendOil FieldGas FieldProspect

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