REG-Genel Energy PLC Genel Energy PLC: Update on Tawke PSC

Genel EnergyAnnouncement

14/10/2021 07:10

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   Genel Energy PLC (GENL)
   Genel Energy PLC: Update on Tawke PSC

   14-Oct-2021 / 07:08 GMT/BST
   Dissemination of a Regulatory Announcement that contains inside
   information according to REGULATION (EU) No 596/2014 (MAR), transmitted by
   EQS Group.
   The issuer is solely responsible for the content of this announcement.

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   14 October 2021

    

                                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 the following update.

   Gross operated Tawke licence production including the Tawke and  Peshkabir
   fields averaged 105,179 bopd in Q3 2021 (110,304 bopd in Q2 2021). 

                                     -ends-

   For further information, please contact:

    

   Genel Energy
                                         +44 20 7659 5100
   Andrew Benbow, Head of Communications
   Vigo Consulting
                                         +44 20 7390 0230
   Patrick d'Ancona

    

   Notes to editors:

    

   Genel Energy is  a socially responsible  oil producer listed  on the  main
   market   of    the    London    Stock   Exchange    (LSE:    GENL,    LEI:
   549300IVCJDWC3LR8F94). The  Company is  one of  the largest  London-listed
   independent hydrocarbon producers, with an asset portfolio that  positions
   us well for a future of fewer and better natural resources projects. Genel
   has low-cost and low-carbon production from the  Sarta, Taq Taq, and Tawke
   licences in the Kurdistan Region  of Iraq, providing financial  resilience
   that allows  investment  in growth  and  the  payment of  a  material  and
   sustainable dividend, even  at a low  oil price. Genel  also continues  to
   pursue further growth opportunities. For further information, please refer
   to  1 www.genelenergy.com.

    

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   ISIN:          JE00B55Q3P39, NO0010894330
   Category Code: MSCH
   TIDM:          GENL
   LEI Code:      549300IVCJDWC3LR8F94
   Sequence No.:  124300
   EQS News ID:   1240649


    
   End of Announcement EQS News Service

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