Pictured: ST-4 being drilled on Sarsang Pad A
HKN has operated the Sarsang Block since November 2007 and the Atrush Block since August 2024. Both located in the northern Kurdistan Region of Iraq.
HKN Energy Ltd. holds a 62% PSC interest in the 420 km² Sarsang block and is the Operator. ShaMaran Petroleum holds an 18% PSC interest with the Kurdistan Regional Government of Iraq (KRG) holding a 20% carried interest.
HKN Atrush Ltd. holds a 25% PSC interest in the 269 km² Atrush block and is the Operator. ShaMaran Petroleum holds a 50% majority PSC interest with the Kurdistan Regional Government of Iraq (KRG) holding a 25% carried interest.
Production from 2 large fields – Swara Tika and East Swara Tika
Triassic oil 36-39 API
60,000 BOPD capacity from 4 facilities
63M barrels produced from Swara Tika and 6.6M barrels produced from East Swara Tika
Production from 1 field – Atrush
Jurassic oil 24-27 API
45,000 BOPD capacity from 2 facilities
70.6M barrels produced from Atrush
HKN Energy is a privately-held oil and gas operator and producer focused on the Kurdistan Region of Iraq. HKN has operated the Sarsang Block since November 2007 and the Atrush Block since August 2024. Both located in the northern Kurdistan Region of Iraq. Over the past decade, HKN has assembled a world-class team of professionals with a proven track record of exploration success, new field development and value creation.
HKN’s leadership team has a proven record of building successful companies and generating sustained shareholder value.
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