Genel’s strategic ambition is to become a world-class independent E&P creator of shareholder value. 

Generate cash

  • Growing cash-generative production through rapid development and disciplined use of capital

Invest in growth

  • Recycling capital into an expanding asset portfolio with the potential to deliver significant and sustained cash flow growth

Return excess cash to shareholders

  • Generating sufficient cash throughout the investment cycle to fund a material and progressive dividend

 

SUPPORTED BY A BUSINESS MODEL RESILIENT BY DESIGN

 Financial discipline

  • Investment in lower risk development of opportunities with high potential, with capex appropriate to external environment

Downside risk mitigation

  • Resilient to low oil price, flexible capex program
  • Prioritise capital allocation to assets with near term cash generation
  • Model that optimises capital exposure and payback

Low-cost production

  • Low-cost, highly cash generative assets

Capital velocity

  • Assets that rapidly return investment and allow recycling of cash into growth opportunities

Capital returns

  • A material and progressive dividend, affordable at low oil prices