Brief: Genel Energy Enters Agreement For 40% Participating Interest In Oman Block

Genel Energy

10/03/2025 17:08

March 10 (Reuters) - Genel Energy PLC GENL.L:

GENEL ENERGY : ENTER INTO BLOCK 54 EXPLORATION & PRODUCTION SHARING AGREEMENT IN SULTANATE OF OMAN FOR A 40% PARTICIPATING INTEREST

GENEL ENERGY: OVER NEXT 3 YEARS, CO & OQEP EXPECT TO INVEST ABOUT $25 MILLION GROSS IN DIRECT COSTS OVER EPSA INITIAL PHASE

GENEL ENERGY: WILL PROVIDE PARTIAL CARRY OF OQEP'S 60% PARTICIPATING INTEREST DURING INITIAL PHASE

Source text: ID:nEQZ1qg7a

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