VANCOUVER, BC, Sept. 30,
2022 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran"
or the "Company") (TSXV: SNM) and (Nasdaq First North Growth
Market (Sweden): SNM) is pleased
to announce that the Board of Directors of the Company has
appointed Elvis Pellumbi as the new
Chief Financial Officer of the Company to join its management team
effective October 1, 2022. View PDF
Mr. Pellumbi has 25 years of investing and capital market
experience, with an exclusive focus on the global energy markets
for the last 15 years. Most recently he held a senior advisory role
to ShaMaran's management team, focusing on debt advisory and
M&A, including the recently closed acquisition of TotalEnergies
affiliate holding an interest in the Sarsang block in the Kurdistan
Region. As part of his previous mandates, Elvis has invested
well in excess of USD 500 million in
oil & gas companies focused in the Kurdistan Region since 2009
and is very familiar with the key players in the sector.
Dr. Adel Chaouch, President and
Chief Executive officer commented: "We are excited to have Elvis
join ShaMaran's team. He complements our strong
performance-oriented culture, and we believe his impressive
reputation for execution and achieving results makes him the right
choice to lead our finance team."
This information contains information that ShaMaran is obliged
to make public pursuant to the EU Market Abuse Regulation. This
information was submitted for publication, through the agency of
the contact persons set out below, on September 30, 2022 at 3:00
a.m. Eastern Time. Arctic Securities AS (Swedish
branch) is the Company's Certified Adviser on Nasdaq First North
Growth Market (Sweden)
+46 844 68 61 00, email@example.com.
Neither the TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
ShaMaran is a Kurdistan focused
oil development and exploration company which holds a 27.6%
interest, through its wholly-owned subsidiary General Exploration
Partners, Inc., in the Atrush Block and holds an 18% interest
through its wholly-owned subsidiary ShaMaran Sarsang A/S in the
ShaMaran is a Canadian oil and gas company listed on the TSX
Venture Exchange and the Nasdaq First North Growth Market
(Sweden) under the symbol "SNM"
and is part of the "Lundin Group of Companies".
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SOURCE ShaMaran Petroleum Corp.