SNM: ShaMaran Announces Investor Town Hall Meeting in Stockholm

November 2, 2026

Hamilton, Bermuda - ShaMaran Petroleum Ltd. ("ShaMaran" or the "Company")
(Euronext Growth Oslo: SNM) (Nasdaq First North Stockholm: SNM) is pleased to
invite shareholders, investors, analysts and members of the press to a town hall
meeting in Stockholm, Sweden on Wednesday, November 11, 2026, at 18:00 CET.

At the meeting, the Company's management will provide an update on recent
corporate and operational developments, including ShaMaran's investment in the
Hamrin field in Federal Iraq, the refinancing of its corporate bonds and the
proposed combination with Gulf Keystone Petroleum Ltd. ("GKP"). Representatives
of GKP's management will also participate. The presentation slides will be
available on the Company's website.

Event Details
-	Date: Wednesday, November 11, 2026
-	Time: 18:00 (CET)
-	Venue: Westmanska Palatset, Holländargatan 17, Stockholm

Attendees should register in advance by emailing Robert Eriksson at
reriksson@rive6.ch.

ShaMaran will release its financial and operating results and related
Management's Discussion and Analysis for the three and nine months ended
September 30, 2026, after market close on Monday, November 9, 2026. 


About ShaMaran Petroleum Ltd.

ShaMaran is an independent oil and gas company with non-operated stakes in three
fields in Iraq. The Company indirectly holds a 50% working interest in the
Atrush Block and an 18% working interest in the Sarsang Block, both in the
Kurdistan Region of Iraq. The Company will also hold a 25% interest in a joint
venture to redevelop the Hamrin field in Federal Iraq. In addition, ShaMaran is
combining with Gulf Keystone Petroleum Ltd., subject to required approvals. The
Company is listed in Oslo on Euronext Growth and in Stockholm on Nasdaq First
North (ticker "SNM"). ShaMaran is part of the Lundin Group of Companies.

Elvis Pellumbi, CFO, +41 22 560 8600, info@shamaranpetroleum.com,
www.shamaranpetroleum.com 


Important Information

The Company's certified advisor on Nasdaq First North Growth Market is FNCA
Sweden AB.

Forward-Looking Statements

Matters discussed in this announcement may constitute forward-looking
statements. The use of any of the words "will", "expected", "planned" and
similar expressions and statements relating to matters that are not historical
facts are intended to identify forward-looking information and are based on the
Company's current belief or assumptions as to the outcome and timing of certain
future events. Certain information set forth in this news release contains
forward-looking statements. 
in information set forth in this news release contains\
forward-looking statements. \