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Corporate Presentation - November 2011 - ShaMaran Petroleum ...

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Asset Summary7<strong>ShaMaran</strong> has one of the best acreagepositions in Kurdistan:» Pulkhana oilfield appraisal / development» Atrush world class oil discovery» Two high potential exploration blocksBlock<strong>ShaMaran</strong>WorkingInterestPartnersOperatorGrossAcresStatusPulkhana 60% Petoil 20%, KRG 20% <strong>ShaMaran</strong> 130,862 Appraisal & DevelopmentMap showing current and near future well activityArbat 60% KRG 20% + 20% <strong>ShaMaran</strong> 240,549 ExplorationTaza** 20% Oil Search 60%, KRG20%Atrush* 26.8%* Aspect Energy 53.2%,Marathon 20%Oil Search 124,784 ExplorationGEP* 66,469 Exploration / Discovery* Held through a 33.5% interest in General ExplorationPartners Inc. (GEP)** Formerly known as Block K42

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