Genel Energy’s core assets are located in the Kurdistan Region of Iraq. Our oil producing fields of Taq Taq and Tawke have currently estimated gross proven and probable (2P) reserves of 563 million barrels of oil (bbls). Net reserves and resources across the portfolio total c.4.1 BNboe.

Following the successful bond refinancing in December 2017, unrestricted cash balances at 31 December 2017 stood at $162 million, with IFRS net debt of $135 million.

Below is a summary of Genel Energy's interests divided by region.

Asset        Genel Interest (%) Partners (%)
Kurdistan Region of Iraq 
Taq Taq 44%, joint operator Addax 36%, KRG 20%
Tawke 25% DNO International 75% (operator)
Miran  100%, operator  
Bina Bawi  100%, operator   
Sidi Moussa 75%, operator ONHYM 25% (carried through Exploration Period)  
SL10B & SL13 75%, operator East Africa Resource Group 25% 
Odewayne  50%, operator  Sterling Energy 40%, Petrosoma 10%