ShaMaran Petroleum Corp. is a Canadian independent oil development and exploration company with a 27.6% direct interest in the Atrush Block production sharing contract. The Atrush Block is located in the Kurdistan region of northern Iraq.

For further information: ShaMaran Petroleum Corp., Investor Relations,

 Investor.Relations@shamaranpetroleum.com

www.shamaranpetroleum.com

Sophia Shane, Corporate Development, Canada +1 604 689 7842

Robert Eriksson, Investor Relations, Sweden +46 701 112615