Market Reaction: Neutral. While the payment is down compared to last year, this is in line with the recent announcement by the KRG. Assuming a similar gross payment for Tawke, Genel could receive a total of US$13 mm this month.
05 Feb 2016
RECEIPT OF PAYMENT FOR TAQ TAQ
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RECEIPT OF PAYMENT FOR TAQ TAQ
Genel Energy PLC (GENL:LON) | 84.1 0 0.0% | Mkt Cap: 235.0m
- Published:
05 Feb 2016 -
Author:
Stephane Foucaud -
Pages:
2
Market Reaction: Neutral. While the payment is down compared to last year, this is in line with the recent announcement by the KRG. Assuming a similar gross payment for Tawke, Genel could receive a total of US$13 mm this month.