ShaMaran Petroleum Corp (TSXV:SNM) signed a share purchase agreement to acquire Marathon Oil KDV B.V. from Marathon International Oil Company for $63 million on December 26, 2018. Marathon Oil KDV B.V. will be renamed to ShaMaran Holdings BV. The transaction is subject to Kurdistan Regional Government of Iraq's approval. The transaction is expected to close in first half of 2019. J.P. Morgan acted as sole financial advisor to Abu Dhabi National Energy Company.