Genel Energy Achieves Significant Operational Progress in 2025

Genel Energy PLC has reported notable advancements in its trading and operations for the first nine months of 2025. CEO Paul Weir announced that production at the Tawke and Peshkabir fields has resumed to approximately 80,000 barrels of oil per day (bopd), marking a return to pre-interruption levels. This recovery supports the company's free cash flow despite discounted domestic sales prices.

In Kurdistan, oil production is securely flowing through the export pipeline to Ceyhan, and there are hopes for effective implementation of the export payment process. In Oman, activities on Block 54 have commenced, with testing of the Batha West-1 discovery well underway.

With a solid balance sheet and net cash of $135 million as of September 30, Genel remains focused on acquiring new production assets. Ongoing objectives include maximizing production from key fields and appraising new opportunities in Oman.