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

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.

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). 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 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. Atrush Field. 80 likes · 619 were here.

Atrush psc

Luke's Medical Center. respect of the Atrush Block production sharing contract (Atrush Block PSC) related to a petroleum property located in the Kurdistan Region of Iraq (Kurdistan ). INVESTMENT AND FINANCE P.S.C.), 37. Building AL-ATRUSH, Abd al- Wahhab Umar Mirza (a.k.a.

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. A further 3.9 million has been received in the year to date 2019 relating to January 2019 oil sales.

("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. Dr Ashti Hawrami had taken Lundin Group’s flagship Kurdistan operation Shamaran Petroleum into the KDP’s territory, by using Shamaran Petroleum to start exploration of Atrush PSC for Aspect Energy GEP. ShaMaran Petroleum Corp.

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).

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. 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.

Building AL-ATRUSH, Abd al- Wahhab Umar Mirza (a.k.a.
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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. It was discovered by the Consortium of General Exploration Partners.

means the Third‐Party Participant, Novation and Second Amendment Agreement to the Atrush Block PSC entered between KRG, … 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"). Define Atrush Block Fourth PSC Amendment.
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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.

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). 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.