• ShaMaran Petroleum’s Q3 2026 gross margin on oil sales rose to USD 69.56 million compared with Q3 2025.
• Revenue more than doubled year over year to USD 84.64 million due to higher international oil prices.
• Net cash flow from operating activities more than doubled year over year to USD 12.86 million.
• The proposed merger with Gulf Keystone is expected to close in mid-2027, subject to customary closing conditions.
• The Hamrin investment closed November 9, 2026, giving ShaMaran a 25% shareholding in HKN Hamrin and expanding its footprint into Federal Iraq.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. ShaMaran Petroleum Ltd. published the original content used to generate this news brief via Cision (Ref. ID: 202611091500BITN____UKPR__EN_20261109-BIT-6909-0) on November 09, 2026, and is solely responsible for the information contained therein.