Jan 26 (Reuters) - ShaMaran Petroleum Corp SNM.V :
* SHAMARAN PROPOSAL TO BONDHOLDERS APPROVED
* SHAMARAN PETROLEUM CORP - APPROVAL WILL PERMIT CO TO USE ITS "FREE CASH" IN EXCESS OF USD 15 MILLION TO BUY BACK ITS BONDS IN MARKET
Jan 26 (Reuters) - ShaMaran Petroleum Corp SNM.V :
* SHAMARAN PROPOSAL TO BONDHOLDERS APPROVED
* SHAMARAN PETROLEUM CORP - APPROVAL WILL PERMIT CO TO USE ITS "FREE CASH" IN EXCESS OF USD 15 MILLION TO BUY BACK ITS BONDS IN MARKET