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ShaMaran Petroleum Corp
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August 2025 Corporate Presentation
| Adel Chaouch | Page 12 of 11 |
October 16, 2026
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"August 2025 Corporate Presentation"
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Atrush Transaction Adds Scale (1) Q2 2025 production: Atrush 35.1k bopd, Sarsang 28.7k bopd. Q3 2025 production expected to be impacted by Kurdistan oil field shutdowns in July 2025. (2) 2024 Reserves Report provided by McDaniel & Associates Consultants Ltd. KRG 25.0% carried ShaMaran 50.0% HKN (Operator) 25.0% Atrush Block Atrush Stake Sarsang Stake Previous Acquired Current Working Interest 27.6% 22.4% 50.0% 18.0% Net Production (bopd) 1 9.7k 7.9k 17.6k 5.2k Reserves (2P) 2 27.6 MMboe 22.4 MMboe 50.0 MMboe 21.5 MMboe ShaMaran Overall (Q2 2025) Working Interest Production: 22.8k bopd 1 2P Reserves: 71.5 MMboe 2 ShaMaran 27.6% KRG 25.0% Atrush Block TAQA (Operator) 47.4%