
16 Oct 2023
Genel Energy (GENL LN) - Tawke production update
Genel has announced a production update for its Tawke asset (Genel 25%), where gross production for Q3 2023 is reported at 26.0mbbl/d. This follows the asset coming back onstream for local sales in mid-July, selling volumes at prices around 50% of previous levels achieved via the export pipeline, but with sales and cash payments direct with customers.

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Genel Energy (GENL LN) - Tawke production update
Genel Energy PLC (GENL:LON) | 52.4 0.5 1.7% | Mkt Cap: 146.5m
- Published:
16 Oct 2023 -
Author:
Daniel Slater, CFA -
Pages:
5 -
Genel has announced a production update for its Tawke asset (Genel 25%), where gross production for Q3 2023 is reported at 26.0mbbl/d. This follows the asset coming back onstream for local sales in mid-July, selling volumes at prices around 50% of previous levels achieved via the export pipeline, but with sales and cash payments direct with customers.