Genel Energy’s core assets are located in the Kurdistan Region of Iraq. Our portfolio currently contains a working interest of 92 MMbbls of 2P reserves across four fields: Taq Taq, Peshkabir, Tawke, and Sarta. Net reserves and resources across the portfolio total 5.6 BNboe.

Genel has a material cash position and is seeking to build reliable and repeatable cash flows that support the re-establishment of a dividend programme. Unrestricted cash balances at 30 September 2023 were $391 million, with net cash of $132 million. Our focus is the preservation of capital for the addition of new resilient and cash-generative assets to our production portfolio.

Kurdistan Region of Iraq

Morocco

Somaliland