DJ Genel Energy PLC: Operational Update
Genel Energy PLC (GENL)
Genel Energy PLC: Operational Update
13-Aug-2026 / 07:04 GMT/BST
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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
+44 20 7659 5100
Luke Clements
Vigo Consulting
+44 20 7390 0230
Patrick d'Ancona
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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ISIN: JE00B55Q3P39, NO0010894XXX Category Code: MSCL TIDM: GENL LEI Code: 549300IVCJDWC3LR8F94 Sequence No.: 439513 EQS News ID: 2382032 End of Announcement EQS News Service =------------------------------------------------------------------------------------
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(END) Dow Jones Newswires
August 13, 2026 02:04 ET (06:04 GMT)
