Genel Energy PLC, JE00B55Q3P39

Genel Energy PLC: Operational Update

Published on 08/13/2026 at 08:04 | dgap.de

Genel Energy PLC / JE00B55Q3P39

Genel Energy PLC (GENL)


13-Aug-2026 / 07:04 GMT/BST


13 August 2026   Genel Energy plc   Operational Update   Genel Energy plc ('Genel') notes DNO’s announcement this morning, consistent with our comments at our half year results, reporting that drilling activities recommenced in April and production at the Tawke field restated on 28 June and at the Peshkabir field on 11 July.   DNO also comments: • With contribution from new wells and absent adverse security developments, DNO expects production at Tawke license to stabilize at around pre-shutdown levels. • While DNO continues to seek access to export markets or export prices, the Company is currently selling its entitlement oil at prices in the mid-to-upper USD 30s per barrel.   Genel continues to seek access to export markets or export prices, which would more than double the free cash flow generation from the Tawke PSC.   -ends-   For further information, please contact:
Genel Energy Luke Clements +44 20 7659 5100
   
Vigo Consulting Patrick d’Ancona  +44 20 7390 0230
    Notes to editors: Genel Energy is a socially responsible oil producer listed on the main market of the London Stock Exchange (LSE: GENL, LEI: 549300IVCJDWC3LR8F94). For further information, please refer to www.genelenergy.com


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View original content: EQS News
ISIN: JE00B55Q3P39, NO0010894330
Category Code: MSCL
TIDM: GENL
LEI Code: 549300IVCJDWC3LR8F94
Sequence No.: 439513
EQS News ID: 2382032

 
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