Genel Energy Share Discussion Threads

[tygarreg] 09/5/2024 07:33

They have!

[tygarreg] 09/5/2024 07:33

We have over £100m net cash according to Genel rns this morning. Still waiting on compensation for stolen prospects.

[furenstaurus] 09/5/2024 06:44

#gkp #gkptakeover Another in country peer Shamaran delivers strongest earnings since ITP closure and increased local sales prices at over $36 FYI whilst we wait ????????.https://x.com/111notout1/status/1788443548775330108?s=61&t=EEAJRmerpfLiAmForyb8Dw

[hangthedj] 08/5/2024 21:24

Also no idea why GENL have not issued RNS as they normally do when DNO updates market.

[hangthedj] 08/5/2024 21:11

$500k per day but think that's assuming DNO/GENL are picking up 100% of production revenues? Not sure if KRG share has to be deducted and that would be at least 50%??

[maxplus2] 08/5/2024 19:19

Assuming 35USD per barrel, net income to Genel in 1Q of 24 from Tawke 0.25×35×57,200=approx $500k

[maxplus2] 08/5/2024 19:15

From DNO's website, 1Q24 financial results Production from the flagship Tawke license (DNO 75 percent and operator) in Kurdistan has now largely been restored after the March 2023 Iraq-Türkiye Pipeline shutdown as the Company continues to use road tankers to sell its oil to local trading companies on a cash and carry basis with payments deposited into Company accounts in international banks. DNO recently negotiated higher wellhead prices for such sales, raising them to the upper USD 30s per barre (cf mid 30s in Dec 23)Net production climbed 14 percent quarter-on-quarter and averaged 74,800 barrels of oil equivalent per day (boepd) in the first three months of 2024, to which the Kurdistan region of Iraq contributed 57,200 boepd, the North Sea 14,200 boepd and West Africa 3,300 boepd.

[furenstaurus] 08/5/2024 08:02

john @john78846295: 30mDNO engaged with peer companies in discussion with #KRG to facilitate reopening of export pipeline, which would double revenues.Company stepping up investments in field.

[seekingbeta] 06/5/2024 19:36

#GKP #GENL $DNO $HKN $SNM #Kurdistan @apikur_oil#Iraqi Cabinet to approve budget tomorrow and forward to Parliament. Iraq's #oil export target is set at 3.5 million bpd, including 400K bpd from #Kurdistan.https://twitter.com/john78846295/status/1787507683924295774?t=_qYa7t5-a0j9IulSsLpLsA&s=19

[gkpbanggone] 06/5/2024 19:13

#GKP #GENL $DNO $HKN $SNM #Kurdistan @apikur_oil#Iraqi Cabinet to approve budget tomorrow and forward to Parliament. Iraq's #oil export target is set at 3.5 million bpd, including 400K bpd from #Kurdistan.https://twitter.com/john78846295/status/1787507683924295774?t=_qYa7t5-a0j9IulSsLpLsA&s=19

[farrugia] 04/5/2024 20:38

I don't think exports from Kurdistan will re-start anytime soon. Iraq is already over the quota and needs to curb production. If anything Iraq wants the black market to stop because its undermining their quota and they aren't benefiting from it at all!! Besides the stoppage suits Iraq as it keeps Kurdistan firmly in lock. See

[milliecusto] 01/5/2024 08:52

Good to see directors seeing value from yesterdays RNS

[milliecusto] 22/4/2024 08:33

https://x.com/john78846295/status/1782096753354740030?s=46

[stockhunters] 12/4/2024 16:20

@apikur_oil
is optimistic that the high-level meeting between Al-Sudani and Biden will create urgency among all stakeholders to swiftly resolve issues and restore full production and exports from Iraq’s Kurdistan Region.”

[justiceforthemany] 12/4/2024 14:13

Biden Sudani meet Monday.

[justiceforthemany] 12/4/2024 14:13

Need Apikur to update us.
Hopefully it's positive for a change.

[geckotheglorious] 10/4/2024 10:53

Because there is no timeline on the pipeline re-opening.

It wont be too long they claimed.

It is now a YEAR and counting.

[bulltradept] 10/4/2024 10:22

Why is this so unloved?

I'm assuming it's because of where it is.

[shareho1der] 09/4/2024 11:58

This is scared to go above 90p

[erbullion] 09/4/2024 08:40

In The Times today reports that Iraq was repairing pipeline to Turkey by end of April

[maxplus2] 26/3/2024 20:40

Results can't be seen ADFVN. See LSE to view Genel results or visit Genel's website.

[teamgb] 25/3/2024 15:24

Is there any particular reason why? They put their statements out in the public domain don't they? What would emailing them or messaging them on x (twitter) achieve?

[justiceforthemany] 25/3/2024 14:56

If you're a stakeholder you need to be in touch with Apikur.
Email them or DM them on Twitter.