Fasken acted as Canadian counsel to ShaMaran Petroleum Corp. (“ShaMaran”), a Canadian oil and gas company listed on the TSX Venture Exchange and the Nasdaq First North Growth Market (Sweden), in connection with its acquisition (“Acquisition”) of TEPKRI Sarsang A/S (“TEPKRI”), for a purchase price of approximately US$170 million. TEPKRI holds an 18% non-operated participating interest in the Sarsang Production Sharing Contract in Kurdistan.
The team was led by Abayomi Akinjide and consisted of Jodi Katz (Capital Markets), Martin Ferreira Pinho (Corporate Finance), Lucinda Patrick-Patel (Corporate) and Perry Feldman (Capital Markets).
Jurisdiction
- British Columbia
