Atrush Field. 80 likes · 619 were here. Atrush Field is an oilfield near Dohuk, Iraqi Kurdistan. It was discovered by the Consortium of General

ShaMaran Petroleum Corp. announces that TAQA Atrush B.V., as operator of the Atrush Block Production Sharing Contract ("PSC"), has entered into an Engineering, Procurement and Construction ("EPC") contract with KAR Company ("KAR") for the construction of the feeder pipeline from the Atrush block boundary to the tie-in point with the main Kurdistan export pipeline (the "Feeder Pipeline").

is pleased to announce that TAQA Atrush B.V. , as operator of the Atrush Block Production Sharing Contract , has entered into an … Atrush Contract. On November 7, 2016 the Assignment, Novation and Fourth Amendment Agreement to the PSC (the “4th PSC Amendment”) and Atrush Facilitation Agreement were concluded between TAQA Atrush B.V. (“TAQA” and the Operator of the Atrush Block), General Exploration Partners. Inc. The KRG acquires a 25% interest in the PSC effective November 7, 2012, the date of declaration of commerciality ("DOC date"). As a consequence the respective participating interests in the Atrush PSC are TAQA at 39.9%, the KRG at 25%, GEP at 20.1% and Marathon Oil KDV B.V. at 15%; Define Atrush Block Agreements. means the Atrush Block PSC, Atrush Block First PSC Amendment, Atrush Block Second PSC Amendment, Atrush Block Third PSC Amendment, and the Atrush Block Fourth PSC Amendment. 2018-11-24 Atrush Contract • On November 7, 2016 the Assignment, Novation and Fourth Amendment Agreement to the PSC (the “4th PSC Amendment”) and Atrush Facilitation Agreement were concluded between TAQA Atrush B.V. (“TAQA” and the Operator of the Atrush Block), General Exploration Partners. Inc. (“GEP” and a wholly owned subsidiary of On November 7, 2016 the Assignment, Novation and Fourth Amendment Agreement to the PSC (the “4th PSC Amendment”) and Atrush Facilitation Agreement were concluded between TAQA Atrush B.V. (“TAQA” and the Operator of the Atrush Block) , G eneral Exploration Partners.

Atrush psc

VANCOUVER, June 4, 2018 /CNW/ - ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSX VENTURE: SNM) (NASDAQ First North: SNM) is pleased to announce that it has entered into an agreement to acquire a further 15% working interest in the Production Sharing Contract – Atrush Block, Kurdistan Region of Iraq dated 10th November 2007, as amended from time to time, (the “Atrush PSC Atrush PSC and the related Facilitation Agreement and are deemed to be Exploration Costs and will be repaid based on an agreed amount of the KRG’s share of … The 4th PSC Amendment and Atrush Facilitation Agreement include the following principal terms: • The KRG acquires a 25% interest in the PSC effective November 7, 2012, the date of declaration of commerciality (“DOC date”). As a consequence the respective participating interests in the Atrush PSC ShaMaran Petroleum Corp Company Announcement SHAMARAN PETROLEUM: OPERATIONS UPDATE. November 8, 2016 - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (NASDAQ OMX: SNM) is pleased to announce that TAQA Atrush B.V. (“TAQA”), as operator of the Atrush Block Production Sharing Contract (“PSC”), has entered into an Engineering, Procurement and … 2019-03-09 ShaMaran Petroleum Corp.

He completed fellowships in Consultation-Liaison Psychiatry at PSC - Atrush - GEP - 10/11/2007 · First Amendment Agreement - 01/08/2010 · Marathon Gaurantee - 20/10/2010 · Marathon LOR - 20/10/2010 · TPI Assignment , Aug 27, 2013 PJSC's TAQA Atrush BV subsidiary has extended the Atrush field area 6.5 km to the on May 6, 2013, in accordance with the terms of the PSC. Atrush Field is a Jurassic fractured carbonate oilfield near Dohuk, Iraqi Kurdistan. “Atrush Block”, “Atrush PSC” & “Atrush Field” were unchanged. The structure Clin North Am. 2010 Sep; 33(3): 537–555.

Continued self-financing of Atrush development: During the year, the company received $55.8-million for its entitlement share of Atrush PSC profit oil and cost oil for deliveries made from October, 2018, to July, 2019, and collected a further $5.7-million relating to the Atrush exploration costs receivable (2).

-- Entitlement share of Atrush PSC profit oil and cost oil: from commencement of exports in July 2017 u p to the date of the MD&A the Company has received payments totalling $8.5 million which reflect its entitlement share of the $44.2 million in total payments received by the Atrush Non-Government Contractors from The KRG acquires a 25% interest in the PSC effective November 7, 2012, the date of declaration of commerciality ("DOC date"). As a consequence the respective participating interests in the Atrush Atrush Contract. On November 7, 2016 the Assignment, Novation and Fourth Amendment Agreement to the PSC (the “4th PSC Amendment”) and Atrush Facilitation Agreement were concluded between TAQA Atrush B.V. (“TAQA” and the Operator of the Atrush Block), General Exploration Partners. Inc. parties is determined by their relative participating interests in the Atrush PSC. The Company’s entitlement share of oil sold up to March 31, 2018 reflects a recovery of approximately $30.5 million of the $39.1 million.

Atrush Contract. On November 7, 2016 the Assignment, Novation and Fourth Amendment Agreement to the PSC (the “4th PSC Amendment”) and Atrush Facilitation Agreement were concluded between TAQA Atrush B.V. (“TAQA” and the Operator of the Atrush Block), General Exploration Partners. Inc.

Simultaneously the Assignment, Novation and Fourth Amendment Agreement to the PSC (the "4th PSC Amendment") and Atrush Facilitation Agreement were concluded between TAQA, General Exploration Partners, Inc. ("GEP", a wholly owned subsidiary of ShaMaran), Marathon Oil KDV BV (together, the "Non-Government Contractors") and the Kurdistan Regional Government ("KRG"). Discover the magic of the internet at Imgur, a community powered entertainment destination. Lift your spirits with funny jokes, trending memes, entertaining gifs, inspiring stories, viral videos, and so much more. SNM PSC revenues 2019 post Marathon deal 27.1% in Atrush - Album on Imgur 576 views on Imgur: The magic of the Internet Shamaran moved on up to Atrush PSC, the KDP’s area, with Texas oil baron, Alex Cranberg’s Aspect Energy in 2010, resulting in a power shift of IOCs in Kurdistan.

TAQA holds a 47.4% working interest in the Atrush Block, with the Kurdistan Regional Government (25%) and General Exploration Partners, Inc. (27.6%) holding the remaining interests through participation in a production-sharing contract (PSC).
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It was discovered by the Consortium of General On November 7, 2016 the 4 th PSC Amendment and Atrush Facilitation Agreement were concluded between the Non-Government Contractors and the Kurdistan Regional Government ("KRG") resulting in, among other things, the KRG acquiring a 25% participating interest in the Atrush PSC and in a 20.1% interest for General Exploration Partners, Inc. (a wholly owned subsidiary of the Company).

ShaMaran Petroleum has signed a final binding agreement with the Kurdistan Regional Government (“KRG”) to relinquish to the KRG the 60% working interests currently held in each of the Arbat and Pulkhana Production Sharing Contracts (“PSC”). Under the terms of the agreement the PSC for each of the Pulkhana and Arbat blocks is terminated whereby […] ShaMaran Petroleum Corp. is pleased to announce that TAQA Atrush B.V. , as operator of the Atrush Block Production Sharing Contract , has entered into an … VANCOUVER, MARCH 3, 2020 /CNW/ - ShaMaran Petroleum Corp.
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VANCOUVER, BC, MAY 8, 2019 /CNW/ - ShaMaran Petroleum Corp. ("ShaMaran" or the "Company") (TSX VENTURE: SNM) (OMX: SNM) is pleased to announce its financial and

2019-05-30 In a production sharing contract (“PSC”) the host country’s government awards to an oil company (or group of companies, typically called the Contractor) the rights to explore in a specified area and following discovery of hydrocarbons in such area the right to produce such discovered resources. Continued self-funding of Atrush development: During the year the Company received $55.8 million for its entitlement share of Atrush PSC profit oil and cost oil for deliveries made from October 2018 to July 2019, and collected a further $5.7 million relating to the Atrush Exploration Costs receivable 2.