Genel Energy Plc is a holding company, which engages in the provision of oil and gas exploration services. The firm is principally engaged in the business of the exploration, development and production of natural resources. The firm operates through two segments: Production and Pre-production. The production segment is comprised of the producing fields on the Tawke PSC (Tawke and Peshkabir), the Taq Taq PSC (Taq Taq) and the Sarta PSC (Sarta) which are located in the KRI and make sales predominantly to the KRG. The Taq Taq license area is located 60 kilometers (km) northeast of the Kirkuk oil field. The pre-production segment assets consist of exploration opportunities in Somaliland and Morocco. Somaliland is a highly prospective, onshore exploration province, and Genel is targeting resources of over two billion barrels of oil. The Sidi Moussa license, offshore Morocco, contains an estimated 750 million barrels of oil equivalent (MMBOE) of unrisked resources.
Follow-Up Questions
Who is the CEO of Genel Energy PLC?
Mr. Paul Weir is the Chief Executive Officer of Genel Energy PLC, joining the firm since 2020.
What is the price performance of GEGYY stock?
The current price of GEGYY is $0, it has decreased 0% in the last trading day.
What are the primary business themes or industries for Genel Energy PLC?
Genel Energy PLC belongs to Energy industry and the sector is Energy
What is Genel Energy PLC market cap?
Genel Energy PLC's current market cap is $0
Is Genel Energy PLC a buy, sell, or hold?
According to wall street analysts, 8 analysts have made analyst ratings for Genel Energy PLC, including 2 strong buy, 3 buy, 3 hold, 0 sell, and 2 strong sell
