ShaMaran Petroleum Corp. Completes Acquisition of Additional Interest in Atrush Block; Provides Production Guidance for 2019

ShaMaran Petroleum Corp. announced the completion of its acquisition of an additional 7.5% participating interest in the Atrush Block, bringing ShaMaran's total interest in Atrush up to 27.6%. ShaMaran also announced that Atrush has been producing at approximately 32,000 barrels of oil per day.

The Company maintains its daily average production guidance for 2019 as previously published.