Genel Energy


All posts for Genel Energy

Genel, Columbus

Genel Energy A trading and operations update from Genel this morning hot on the heels of yesterday's excellent news from Peshkabir where production has ramped up to 50,000 b/d ahead of year end target and below budget. Today they add that production will be slightly above current guidance of 32, ...

Malcolm Graham-Wood - Malcy's Blog


Posted 12 days agoOpinion > Genel EnergyGenelColumbus +6

Genel Energy PLC: Trading and Operations Update

Genel Energy plc ('Genel' or 'the Company') issues the following trading and operations update in respect of Q3 2018. The information contained herein has not been audited and may be subject to further review. Murat Özgül, Chief Executive of Genel, said: "Genel continues to rapidly increase both ...

OilVoice Press - OilVoice


Posted 12 days agoPress > Genel EnergyTrading UpdateOperations Update

Genel Energy PLC: Update on Tawke PSC

Genel Energy plc ('Genel') notes that DNO ASA, as operator of the Tawke PSC (Genel 25% working interest), has today issued an update on licence activity.  Production at the Peshkabir field in the Kurdistan Region of Iraq has ramped up to 50,000 bopd, meeting the end-2018 target ahead of schedule a ...

OilVoice Press - OilVoice


Posted 13 days agoPress > TawkeTawke PSCGenel Energy +6

Oil Price, President Energy, Echo Energy, Savannah Petroleum, Genel, IGas, Chariot, and Finally…

WTI $69.25 +$1.71, Brent $79.06 +$1.69, Diff -$9.81, NG $2.83 +2c Oil Price The oil price continues the rise that started on Monday with all sorts of influences going on. The weather is also back in the frame as hurricane Florence heads menacingly towards the Carolinas. Elsewhere, the Russian ...

Malcolm Graham-Wood - Malcy's Blog


Posted 1 month agoOpinion > MalcyMalcy'sMalcy's Blog +9

DNO Reports Payment for Tawke Deliveries

Oslo, 20 August 2018 - DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 69.03 million as payment for May 2018 crude oil deliveries to the export market from the Tawke license in the Kurdistan region of Iraq. The funds will be shared by DNO and partner Genel Energy plc pro ...

OilVoice Press - OilVoice


Posted 2 months agoPress > DNOTawkeTawke PSC +5

Range Resources, Genel, Wentworth, Trinity

Range Resources A Trinidad operations update from Range this morning which details the infrastructure upgrade which is part of the ongoing modernisation activities at the Beach Marcelle field which is what they raised the money for last month. The upgrades were needed to provide a greater resili ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 months agoOpinion > Trinity E&PTrinity Exploration & ProductionRange Resources +5

Genel Energy PLC: Update on Tawke PSC

Genel Energy plc ('Genel') notes that DNO ASA, as operator of the Tawke PSC (Genel 25% working interest), has today issued an update on licence activity. As previously stated, production at Peshkabir has more than doubled to 35,000 bopd, following the successful Peshkabir-4 and Peshkabir-5 wells. ...

OilVoice Press - OilVoice


Posted 2 months agoPress > Genel EnergyTawkeTawke License +8

Genel Energy PLC: Half-Year Results

Genel Energy plc ('Genel' or 'the Company') announces its unaudited results for the six months ended 30 June 2018. Murat Özgül, Chief Executive of Genel, said: "Genel continues to deliver on its focus. We are generating significant free cash flow, averaging over $10 million a month in the first ...

OilVoice Press - OilVoice


Posted 2 months agoPress > ResultsTawkeGenel Energy +6

Genel Energy

Genel Energy Interims to the end of June this morning from Genel who have put in what they call an ‘impressive performance' with which I concur. Key metric is cash generation with the company turning in over $10m per month and moving the company ‘rapidly' to a net cash position. This has been si ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 months agoOpinion > MalcyMalcy'sMalcy's Blog +3

Oil Price, Far Ltd, Amerisur, Savannah, Genel, Eco (Atlantic), Reabold Resources, and Finally…

WTI $68.69 -92c, Brent $74.29 -25c, Diff -$5.60 +67c, NG $2.82 +4c Oil Price Oil prices fell on Friday which was quite strange as most market participants including yours truly thought that most influences were positive. After all the geopolitical news was mixed at best, Kuwait joined the Sau ...

Malcolm Graham-Wood - Malcy's Blog


Posted 2 months agoOpinion > MalcyMalcy'sMalcy's Blog +8

Genel Energy Update on Tawke PSC

Genel Energy plc ('Genel') notes that DNO ASA, as operator of the Tawke PSC (Genel 25% working interest), has today announced that a fourth well has been put on production at the Peshkabir field in the KurdistanRegion of Iraq, pushing total output past the operator's previously published target of ...

OilVoice Press - OilVoice


Posted 2 months agoPress > Genel EnergyTawkeTake PSC +3

Genel Energy: Receipt of Payment for KRI Oil Exports

Genel Energy plc ('Genel' or 'the Company') notes the announcement from DNO ASA, as operator of the Tawke PSC, that the Tawke partners have received $62.33 million from the Kurdistan Regional Government ('KRG') as payment for April 2018 crude oil deliveries to the export market from the Tawke licen ...

OilVoice Press - OilVoice


Posted 3 months agoPress > Genel EnergyPaymentKRI +8

Oil Price, Genel, Providence, and Finally…

WTI $69.46 +70c, Brent $72.58 -32c, Diff -$3.12 -$1.02, NG $2.77 +5c Oil Price More flip flopping around yesterday as a good start, prompted by the Saudi Opec Governor's comments that exports may fall back by around 100/- next month, was swiftly punctured by the end of the Norwegian strike wh ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 months agoOpinion > MalcyMalcy'sMalcy's Blog +4

DNO Reports Payment for Tawke Deliveries

Oslo, 20 July 2018 - DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 62.33 million as payment for April 2018 crude oil deliveries to the export market from the Tawke license in the Kurdistan region of Iraq. The funds will be shared by DNO and partner Genel Energy plc pro ...

OilVoice Press - OilVoice


Posted 3 months agoPress > DNONorwayTawke +6

Oil Price, Genel Energy, Independent Oil & Gas, and Finally…

WTI $68.06 -$2.95, Brent $71.84 -$3.49, Diff -$3.78 -54c, NG $2.76 +1c Oil Price Yesterday prices fell sharply with the usual combination of factors, mainly on supply this time weighing down on crude oil. Maybe it was the blog ‘wot did it' as I read this morning that there are worries that th ...

Malcolm Graham-Wood - Malcy's Blog


Posted 3 months agoOpinion > MalcyMalcy'sMalcy's Blog +4