52 Week Range
As of on the London Stock Exchange (LON) ∙ Minimum 15 minute delay
3M AVG Volume
52 Week High
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Dividend (Yield %)
Genel Energy Says Co Gets July Oil Sales Payments From Kurdistan Regional Government
Genel Energy Received Notice To Terminate Bina Bawi And Miran PSCs
Genel Energy 2021 Capital Expenditure Guidance Maintained At $150 Mln- $200 Mln
Genel Energy Plc is a holding company. The Company is engaged in the business of oil and gas exploration and production in the Kurdistan Region of Iraq (KRI). The Company's segments include Kurdistan and Africa. The Company has interests in approximately two producing fields in the Kurdistan Region of Iraq, Taq Taq and Tawke, with access to local and international markets. Its fields have an estimated gross proven and probable (2P) reserves of approximately 800 million barrels of oil, and gross proven, probable and possible reserves of approximately 1.2 billion barrels of oil. Its Taq Taq license area is located approximately 60 kilometers northeast of the Kirkuk oil field and the adjacent city of Kirkuk, over 85 kilometers southeast of the city of Erbil and over 120 kilometers northwest of the city of Sulaimaniah. The gross area of the Taq Taq license area is approximately 950 square kilometers. Its Bina Bawi field is located approximately 300 kilometers from Turkey.
Oil & Gas Operations
Fifth Fl, 36 Broadway
Non-Executive Chairman of the Board
Chief Executive Officer, Executive Director
Senior Independent Non-Executive Vice Chairman of the Board
Esa Tapani Ikaheimonen
Chief Financial Officer
Chief Operating Officer
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* GENEL ENERGY PLC - TAWKE LICENCE EXIT RATE AT YEAR-END 2020 IS PROJECTED AT 85,000 BOPD, ABSENT ANY NEW WELLS
* INFORMED BY KRG WHILE NEGOTIATIONS ARE ONGOING WITH RESPECT TO DOCUMENTS IT WILL NOT EXERCISE NOTICE OF TO TERMINATE BINA BAWI PSC
* GENEL ENERGY PLC - "WE ARE A BUSINESS THAT CAN GENERATE EXCESS CASH AT A SUSTAINED OIL PRICE OF $40/BBL "
Genel Energy Plc named oil veteran and Chief Operating Officer Bill Higgs as its top executive, the oil and gas exploration and production company said on Monday.
Genel Energy Plc on Monday promoted its Chief Operating Officer Bill Higgs as chief executive officer, the oil and gas exploration and production company said on Monday.
Iraqi Kurdistan-focused oil producer Genel Energy Plc posted a $424 million writedown on its Miran oil and gas field on Wednesday, pushing it into a full-year loss, and said it was now focusing on developing its Bina Bawi field.
Iraqi Kurdistan-focused oil producer Genel Energy Plc posted a full-year operating loss of $254.6 million because of write-downs of about $424 million for its Miran PSC field assets.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.