Genel Energy

Genel Energy is a socially responsible oil producer with production assets in the Kurdistan Region of Iraq and exploration assets in Oman, Morocco, and Somaliland. Our plans for delivery of shareholder value are underpinned by our corporate values and are driven by our strategic goals. Genel’s strategy comprises three objectives designed to build a business with resilient and diversified cash flows that delivers sustainable value to shareholders, and with the aim of restarting the payment of a regular dividend.

Objective 1: Strong balance sheet
Significant cash balance, appropriate leverage, strategic objectives funded

Objective 2: Resilient cash generation
Significant 2P reserves, predictable and resilient production, strong and efficient operational performance

Objective 3: Investment in new cash flows
Well-established and effective process for deal origination and evaluation, production or near-to production assets, cash generative assets with value upside

Latest audited KPIs – FY2024

MORE DETAILS

Net 2P reserves

82 MMbbls

Net production

19,650 bopd

Free Cash Flow

$ 20 Million

Making a Positive Difference

Genel20 Scholars

When clicked, this video is loaded from YouTube servers. See our Privacy Policy for details.

Genel signed its first PSC in the Kurdistan Region of Iraq in 2002, the first company to do so. Genel has now invested $3.5 billion in the region, supporting thousands of jobs and making a material social and economic contribution. We marked 20 years in the KRI through an increase in the scope of our social activities under the Genel20 banner.

The largest initiative announced was the Genel20 Scholars programme, which is set to provide the opportunity for disadvantaged students to have a life-enhancing education.

Somaliland Mobile Medical Clinic

Genel’s mobile medical clinic programme in Somaliland has delivered healthcare and medical support services to the local communities in the vicinity of Genel’s SL10B13 asset. We partnered with local charity SHiFAT, who delivered this important project, and which has been very well-received by our host communities. This programme has made significant progress since its launch in 2023, and has treated over 31,000 patients. Genel is proud to support this life-changing initiative, which brings essential medical care to under-served areas, improving the health and well-being of thousands of people in the region.

Our Values

Read more

Integrity

Respect

Ingenuity

Accountability

Collaboration

Tel: +44 (0)371 384 2893
(Lines are open 8.30am to 5.30pm, Monday to Friday).

View your shareholding details online, and buy and sell shares online or by telephone.

In addition shareholders can view their Genel Energy shareholding details online by registering with Shareview, a service offered by our registrars, Equiniti (Jersey) Limited.

To access the service, go to www.shareview.co.uk and complete the simple on-screen registration process.

Once you have signed up for Shareview, you will be able to:

  • Check your shareholding in Genel Energy 24 hours a day
  • Register your email and mailing preference (post or electronic) for future shareholder mailings
  • Gain easy access to a variety of shareholder information including indicative valuations and payment instruction details
  • Access the share dealing facility
  • Share dealing

Our registrars offer UK-based shareholders a simple and convenient telephone and internet share sale and purchase service.

Shareview dealing is available, for telephone purchases and sales on: 0345 603 7037 between 8:30am and 4:30pm, Monday to Friday. For internet purchases and sales, log on to www.shareview.co.uk/dealing.

Where is Genel Energy plc tax residency?
Genel Energy plc is a Jersey incorporated, UK tax domiciled company.