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ShaMaran Announces First Oil Cargo Lifting from Ceyhan Terminal

ShaMaran Announces First Oil Cargo Lifting from Ceyhan Terminal Canada NewsWire V...

articleShamaran Petroleum Corp.November 17, 20255/company/shamaran-petroleum-corp/news/shamaran-announces-first-oil-cargo-lifting-from-ceyhan-terminal
ShaMaran Announces First Oil Cargo Lifting from Ceyhan Terminal

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[{"type":"text","content":"\n\n\nShaMaran Announces First Oil Cargo Lifting from Ceyhan Terminal\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n\n\n\n\n\nCanada NewsWire\n\n\nVANCOUVER, BC, Nov. 17, 2025 /CNW/ - ShaMaran Petroleum Corp. (\"ShaMaran\" or the \"Company\") (TSXV: SNM) (Nasdaq First North: SNM) announces that the first lifting of crude oil export barrels allocated to international oil companies (\"IOCs\") as \"payment-in-kind\" under the interim pipeline export agreements was completed by the nominated trader at the Ceyhan oil terminal in Türkiye on November 15, 2025. PDF version\nUnder the interim agreements, ShaMaran expects payment for its share of cargo liftings within 30 days. A second lifting of IOC-allocated barrels related to production and pipeline exports during September and October 2025 is scheduled at the end of this month, with further liftings and payments expected to follow.\nShaMaran plans to publish its financial statements for the year ending December 31, 2025, on March 4, 2026.\nAbout ShaMaran Petroleum Corp.\nShaMaran is a Canadian independent oil and gas company focused on the Kurdistan region of Iraq. The Company indirectly holds a 50% working interest in the Atrush Block and an 18% working interest in the Sarsang Block. The Company is listed in Toronto on the TSX Venture Exchange and in Stockholm on Nasdaq First North Growth Market (ticker \"SNM\"). ShaMaran is part of the Lundin Group of Companies.\nImportant Information\nThis information was submitted for publication through the agency of the contact person set out below on November 17, 2025, at 2:30 a.m. Eastern Time.\nThe Company's certified advisor on Nasdaq First North Growth Market is FNCA Sweden AB.\nForward-Looking Statements\nCertain statements contained in this press release constitute forward-looking information. These statements relate to future events or the Company's future performance, business prospects and opportunities, which are based on assumptions of management.\nThe use of any of the words \"will\", \"expected\", \"planned\" and similar expressions and stateme...

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