02:46 AM EDT, 10/20/2026 (MT Newswires) -- ShaMaran Petroleum (SNM.OL, SNM.ST) is considering issuing a bond of up to $200 million, with proceeds earmarked to fund investment in the Hamrin oil field in Iraq and for general corporate purposes. The proposed issuance is subject to market conditions and terms and will refinance the oil and gas company's existing 2029 bond with an outstanding amount of $144 million, according to a Tuesday release. Pareto Securities will act as sole bookrunner for the potential issue.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.