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Production / Operations

Shamaran operator shuts in Atrush, Sarsang production

By The Northwire Desk — AI Analysis Mar 02, 2026 · 13:41 SNM · 0.24 Shamaran Petroleum Corp
SNM · Price

Executive Summary

  • Shamaran Petroleum Corp. has been informed by operator HKN Energy Ltd. that production from the Atrush and Sarsang blocks in the Kurdistan region of Iraq has been temporarily shut in.
  • The shutdown is a precautionary measure due to a deterioration in the regional security environment.
  • Shamaran confirms that its assets and personnel have not been impacted by the event.

Key Details

  • Operator: HKN Energy Ltd.
  • Affected Assets: Atrush and Sarsang blocks in the Kurdistan region of Iraq.
  • Action Taken: Temporary production shut-in from both fields.
  • Reason: Precautionary measure due to deterioration in the regional security environment.
  • Company Impact: Shamaran states that its assets and personnel have not been impacted.
  • Company Interests: Shamaran holds a 50% working interest in the Atrush block and an 18% working interest in the Sarsang block.
  • Next Steps: Shamaran and HKN are closely monitoring the situation and will provide further updates as appropriate.
Read the original news release →

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