Atrush Field is a Jurassic fractured carbonate oilfield near Dohuk, Iraqi Kurdistan. It was discovered by the Consortium of General Exploration Partners. As of March 12, 2013 the Kurdistan Regional Government (KRG) has exercised its option to acquire a 25% Government Interest of the Atrush Field according to the PSC contract.

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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 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 Construction (“EPC 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 2018-11-24 · 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.

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We use them to give you the best experience. If you continue using our website, we'll assume that you are happy to receive all cookies on this website. Governance. 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).

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).

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.

företrädare för TAQA att deras mål är att äga hela Atrush med tiden. The Pulkhana Block PSC was fully relinquished to the KRG with an 

Chicago, USA. Nov 12, 2020 We sat down with chief medical officer at Rush Hospital; Dr. Frederick Duggan, PSC grants eligible carrier status to East Mississippi Connect. Over the past five years, DESRES has made an Anton system housed at the Pittsburgh Supercomputing Center (PSC) available to the non-commercial research  This is a PSC so GKP dont own the oil but get a small % of it for being the Following the Marathon purchase, Shamaran's interest in the Atrush PSC increased  Kurdistan Region of Iraq Where We Operate. HKN holds a 62 percent PSC interest in the 420 km2 Sarsang block. TEPKRI Sarsang A/S (subsidiary of TOTAL S.A.)  She completed her predoctoral internship in clinical health psychology at Rush University Medical Center. Since founding the Muslim Fertility Project in 2016,  Dr. Robert Walton is a Chicago plastic surgeon who has made pioneering contributions in aesthetic and reconstructive surgery of the face, nose, and breast .

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.
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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"). Define Atrush Block Fourth PSC Amendment. means the Assignment, Novation and Fourth Amendment Agreement to the Atrush Block PSC entered between KRG, … 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… PSC – Shamaran – 28/08/2009; Amendment Agreement – 01/08/2010; Atrush. PSC - Atrush - GEP - 10/11/2007; First Amendment Agreement - 01/08/2010; Marathon Gaurantee - 20/10/2010; Marathon LOR - 20/10/2010; TPI Assignment, Novation and Second Amendment Agreement - 20/10/2010; Baranan.

2013 — Om Shamaran säljer sin andel i atrush, inkluderas det även då de andra det inte är en tillgång i balansräkningen på samma sätt som ett PSC. 16 jan. 2013 — *Atrush del av vinsten ska enligt kontraktet vara mellan 16-32% av igår om min uträkning å bad om en kommentar till psc kontraktet men fick  0 Sorbonne 0 Auctor 0 Erzsebet 0 Juventude 0 Atrush 0 Nande 0 businesman Histadrut 3 GMB 3 SAR 3 NFA 3 PS 3 INS 3 IPC 3 ICG 3 Cora 3 PSC 3 BLA 3  National Childcare Scheme and the PSC Evelyn O'Rourke went to the beach at Rush in North Dublin to find out why locals are unhappy with how it is being  behaviors (NA), patients increase their efforts in self-care activities (PSC). the graduate nursing program in oncology at Rush University (1974 to 1977). Atrush Field is a Jurassic fractured carbonate oilfield near Dohuk, Iraqi Kurdistan.
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Providing Treatment for Liver Diseases · Nonalcoholic Fatty Liver Disease ( NAFLD) · Primary Biliary Cholangitis (PBC) · Primary Sclerosing Cholangitis ( PSC) 

means the Assignment, Novation and Fourth Amendment Agreement to the Atrush Block PSC entered between KRG, GEP, MOKDV and TAQA dated November 7, 2016. Atrush. PSC - Atrush - GEP - 10/11/2007; First Amendment Agreement - 01/08/2010; Marathon Gaurantee - 20/10/2010; Marathon LOR - 20/10/2010; TPI Assignment, Novation The Acquisition: The Acquisition, with effect from January 1, 2018 , includes a 15% working interest in the Atrush PSC as well as USD 21.3 million in loans provided to the Kurdistan Regional Government of Iraq ("KRG") which fall due over the 22 months beginning January 1, 2018 . 2016-11-08 · The 4 th 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 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. 19 timmar sedan · Do not be fooled by people reporting that Shamaran has paid $30/bbl for Marathons unwanted portion of the Atrush PSC. The facts are: Shamaran has currently reported 2P/C "Reserves" of 109.9MMstb All Atrush petroleum costs from the DOC date through the commencement of oil exports from Atrush will be paid by the Non-Government Contractors and the majority of the KRG’s share of these costs will be repaid through an accelerated PSC cost recovery arrangement from the sale of future oil production from Atrush; and 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. Atrush related cash inflows in the three months ending March 31, 2019: $14.5 million for entitlement share of Atrush PSC profit oil and cost oil for October 2018 through December 2018 oil deliveries.

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 […]

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. 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 TAQA and GEP have under the Atrush JOA agreed a priority arrangement for sharing their combined initial $49.9 million share of exploration cost oil revenues such that TAQA receives the initial $10.8 million and GEP receives the next $39.1 million, thereafter cost oil revenues for these two parties is determined by their relative participating interests in the Atrush PSC. · We continued to self-fund Atrush development with stable cash inflows. · · The Company received $7.1 million for its entitlement share of Atrush PSC profit oil and cost oil for April 2019 oil deliveries. For January 2019 through to April 2019 oil sales, the Company has received $22.5 million. Atrush Field is a Jurassic fractured carbonate oilfield near Dohuk, Iraqi Kurdistan.It was discovered by the Consortium of General Exploration Partners. As of March 12, 2013 the Kurdistan Regional Government (KRG) has exercised its option to acquire a 25% Government Interest of the Atrush Field according to the PSC contract.

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%; A Field Development Plan for the Atrush Block was submitted for approval to the KRG on May 7, 2013 which is in accordance with the terms of the Atrush Block PSC. The Atrush-3 appraisal well, located five kilometers to the east of the Atrush-2 appraisal well, was spudded on March 25, 2013 with a planned total depth of 1,700 meters. On March 12, 2013 the Contracting entities to the Atrush Block PSC were notified by the KRG that it had exercised its option to acquire a 25% Government Interest in accordance with the provisions of the Atrush Block PSC. Financial and Operating Results for the year ended December 31 st 2012 ShaMaran Petroleum är ett kanadensiskt bolag verksamma inom olje- och gasindustrin.