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.
16 Oct 2023
Genel Energy (GENL LN) - Tawke production update
Sign up to access
Get access to our full offering from over 100 providers
Get access to our full offering from over 100 providers
Genel Energy (GENL LN) - Tawke production update
Genel Energy PLC (GENL:LON) | 61.6 0.6 1.5% | Mkt Cap: 172.3m
- 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.