Genel Energy

Genel Energy is a socially responsible oil producer with production assets in the Kurdistan Region of Iraq, and exploration assets in Oman 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

Net 2P reserves

64 MMbbls

Net production

17,520 bopd

Free Cash Flow

$ 4 Million

Making a Positive Difference

Genel20 Scholars

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Genel signed its first PSC in the Kurdistan Region of Iraq (KRI) in 2002, becoming the first company to do so. Over a period of 20 years, Genel has invested $3.5 billion in the region, which has supported thousands of jobs and which has made a material social and economic contribution to the region. We marked 20 years of presence in the KRI by launching the Genel20 Scholarship programme. This programme is providing a university scholarship at the American University of Kurdistan for 20 talented high school graduates from across the KRI.

Somaliland Mobile Medical Clinic

Genel’s mobile medical clinic programme in Somaliland 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, which treated over 31,000 patients and was very well-received by our host communities. 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

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.