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Production / Operations

Shamaran acknowledges explosion at Sarsang; no injuries

By The Northwire Desk — AI Analysis Apr 01, 2026 · 12:39 SNM · 0.19 Shamaran Petroleum Corp
SNM · Price

Executive Summary

  • Shamaran Petroleum Corp. reports an explosion at a storage facility within the Sarsang block in the Kurdistan region of Iraq, operated by HKN Energy Ltd.
  • All personnel are accounted for with no injuries reported; however, operations at Sarsang are suspended and production at the Atrush block remains shut-in as a precaution.
  • HKN Energy is conducting a full assessment of the incident and coordinating with local authorities, while Shamaran commits to providing further updates.

Key Details

  • Incident Location: Sarsang block, Kurdistan region of Iraq.
  • Incident Type: Explosion at one of the storage facilities in the Sarsang field.
  • Operator: HKN Energy Ltd.
  • Personnel Status: All personnel safely accounted for; no injuries reported.
  • Operational Impact:
    • Operations at Sarsang are suspended.
    • Production at the Atrush block is shut-in as a precaution.
  • Response: HKN Energy has initiated a full assessment and is coordinating with local authorities and stakeholders.
  • Company Interests: Shamaran holds a 50% working interest in the Atrush block and an 18% working interest in the Sarsang block.

Notable Quotes

  • "Shamaran and HKN are committed to the highest standards of safety and environmental responsibility and will provide further updates as more information becomes available."
Read the original news release →

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Production / Operations