Brief: Genel Energy Says Prolonged Closure Of Iraq-Türkiye Pipeline Materially Impacted Production In HY

Genel Energy

02/08/2023 07:26

Aug 2 (Reuters) - Genel Energy PLC  GENL.L :
    * GENEL ENERGY PLC GENEL ENERGY PLC: HALF-YEAR RESULTS
    * GENEL ENERGY PLC - PROLONGED CLOSURE OF IRAQ-TÜRKIYE
PIPELINE
MATERIALLY IMPACTED PRODUCTION, WHICH AVERAGED 13,440 BOPD IN H1
    * GENEL ENERGY PLC - SIGNIFICANT CASH BALANCE OF $425
MILLION AT
30 JUNE 2023 ($496 MILLION AT 31 MARCH 2023)
    * GENEL ENERGY PLC - CURRENTLY EXPECTS FY CAPITAL
EXPENDITURE TO
BE C.$70 MILLION (ORIGINAL GUIDANCE $100-125 MILLION)

Source text for Eikon:  ID:nEQ5SW9GLa 
Further company coverage:  GENL.L 

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