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ID - ShaMaran announces new plan to boost assets in Atrush - April 2019
ShaMaran Petroleum Corp. will attempt for the third time in less than a year to boost its stake in the Atrush production sharing contract in the Kurdistan region of Iraq. The latest effort may succeed as it has tentative approval from the operator and the Kurdistan Regional Government. The company announced plans in June to boost its stake in Atrush from 20.1% to 35% by acquiring an additional 15% WI from Marathon Oil, which is exiting the region to focus on......
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