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ShaMaran Petroleum Reduces Bond Debt and Plans Results

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ShaMaran Petroleum Reduces Bond Debt and Plans Results

ShaMaran Petroleum (TSE:SNM) has released an update.

ShaMaran Petroleum Corp. has announced the purchase and cancellation of $2.1 million of its 12% senior unsecured bonds, reducing the overall bond debt to $200 million. The company, which focuses on oil and gas in Kurdistan, plans to release its financial results for the first nine months of 2024 on November 7.

For further insights into TSE:SNM stock, check out TipRanks’ Stock Analysis page.

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