Genel Energy plc (GEGYY) Research

Genel Energy plc, including its various subsidiaries, functions as a standalone entity specializing in the exploration and extraction of oil and natural gas. Its operations are divided into two primary categories: Production and Pre-production. The Production segment holds substantial working interests in Iraq's Kurdistan Region (KRI), including a 25% share in the Tawke PSC, a 44% share in the Taq Taq PSC, and a 30% share in the Sarta PSC. The Pre-production segment oversees future development opportunities, encompassing a 40% working interest in the Qara Dagh PSC in the KRI, a 50% interest in Odewayne and a 51% interest in SL10B13 in Somaliland, and a 75% interest in Lagzira, Morocco. As of December 31, 2021, the company declared 63 million barrels (MMbbls) of proven net working interest reserves, with total proven plus probable net working interest reserves reaching 104 MMbbls. Genel Energy plc's corporate headquarters are situated in London, United Kingdom.

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