16 Mar 2023
Genel Energy (GENL LN) - End 2022 reserves update
Reserves down on volumes produced, partly counteracted by Tawke technical upgrade. Genel has released an update on its reserves as of the end of 2022. These are lower overall largely as a result of 2022 production, with net 2P moving to 92.2mmbbl at the end of 2022 from 104.2mmbbl at the end of 2021.
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Genel Energy (GENL LN) - End 2022 reserves update
Genel Energy PLC (GENL:LON) | 83.8 1.3 1.8% | Mkt Cap: 234.3m
- Published:
16 Mar 2023 -
Author:
Daniel Slater, CFA -
Pages:
5
Reserves down on volumes produced, partly counteracted by Tawke technical upgrade. Genel has released an update on its reserves as of the end of 2022. These are lower overall largely as a result of 2022 production, with net 2P moving to 92.2mmbbl at the end of 2022 from 104.2mmbbl at the end of 2021.