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Genel Energy Bondholders Approve Debt Reduction Plan

2017-12-20 rigzone
Dec 20 (Reuters) - Genel Energy Plc's bondholders have approved its proposal to reduce its bond debt to $300 million from the currently outstanding $421.8 million, the Iraqi Kurdistan-focused oil producer said on Wednesday.

Genel, DNO Confirm KRG Payments

2017-12-19 rigzone
Genel Energy plc and DNO ASA have received payment from the Kurdistan Regional Government (KRG) for oil sales during September.

DNO Triples Production at Peshkabir Field

2017-12-12 rigzone
DNO ASA has announced that production from the Peshkabir field in the Kurdistan Region of Iraq’s Tawke license has tripled to 15,000 barrels of oil per day (bopd), following completion of the Peshkabir-3 well testing, stimulation and clean-up program.

DNO triples production from Peshkabir field in Kurdistan

2017-12-11 worldoil
OSLO -- DNO ASA, the Norwegian oil and gas operator, today announced a tripling of production from Peshkabir field in the Tawke license in the Kurdistan region of Iraq to 15,000 bopd following completion of the Peshkabir-3 well testing, stimulation and cleanup program.

[Press] DNO Steps Up Production from Peshkabir Field in Kurdistan

2017-12-11 oilvoice
Oslo, 11 December 2017 - DNO ASA, the Norwegian oil and gas operator, today announced a tripling of production from the Peshkabir field in the Tawke license in the Kurdistan region of Iraq to 15,000 barrels of oil per day (bopd) following completion of the Peshkabir-3 well testing, stimulation and cleanup program.

Britain's Genel Energy Seeks To Cut Bond Debt To $300 Mln

2017-12-06 rigzone
Dec 6 (Reuters) - Iraqi Kurdistan-focused oil producer Genel Energy plc said on Wednesday it is seeking to reduce its bond debt to $300 million from the currently outstanding $421.8 million.

[Opinion] Oil price, Savannah Petroleum, Upland Resources, Link And finally...

2017-12-05 oilvoice
Oil price Yesterday was a little bit like the day after the Lord Mayor's Show, after the Opec meeting and the rollover of the agreement there was a bit of profit taking and for once Brent was hit harder than WTI. That has put the differential back below $5 but that may be because there were more net long positions in Brent. (14-0)

[Press] Genel Energy: Update on Taq Taq PSC

2017-12-04 oilvoice
Genel Energy plc ('Genel' or 'the Company') is pleased to announce an update on activity at the Taq Taq field (Genel 44% working interest).

[Press] Genes Energy: Update on Taq Taq PSC

2017-12-04 oilvoice
Genel Energy plc ('Genel' or 'the Company') is pleased to announce an update on activity at the Taq Taq field (Genel 44% working interest).

[Opinion] Amerisur, Genel Energy, Reabold Resources

2017-12-04 oilvoice
A flash blog today as I am travelling, will detail more tomorrow. AMER has announced its monthly production and OBA throughput numbers which are in line with my expectations. Average production of 6,051 b/d making 7,037 b/d including Mariposa-1 LTT which will rise substantially. Peak production was 7,217 with OBA throughput of 5,768 b/d and a peak of 7,066. Years exit rate will be over 7,000 as forecast and average just below 5,000 as expected due to Government actions beyond their control.

Britain's Genel Finds Oil Bearing Reservoirs In North End Of Taq Taq Field

2017-12-04 rigzone
Dec 4 (Reuters) - Genel Energy Plc said on Monday that one of its wells, drilled to appraise the northern end of its Taq Taq oilfield in Kurdistan region of Iraq, encountered oil bearing reservoirs.

UPDATE 1-UK Stocks-Factors to watch on Dec 4

2017-12-04 reuters
Dec 4 (Reuters) - Britain’s FTSE 100 index is seen opening 62 points higher at 7,362.8 on Monday, according to financial bookmakers, with futures up 0.81 percent ahead of the cash market open. (19-0)

[Opinion] Oil price, SDX Energy, Amerisur Resources, Trinity E&P And finally…

2017-11-13 oilvoice
Oil price Despite the EIA inventory stats disappointing slightly and the rig count showing a rise of 9 oil units, the oil price acquitted itself fairly honourably last week. WTI gained $1.10 and Brent $1.45 which we can probably put down to geopolitical events. With the MbS round up continuing and an escalation in the tension between the KSA and Iran this aint going away. Before long the Non-Opec and Opec meetings will be upon us, and with the Saudis leading by example, the stage is set for an extension of the agreement and possibly further cutbacks.

[Press] DNO Reports Payment for Tawke Deliveries

2017-11-11 oilvoice
Oslo, 10 November 2017 - DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 46.53 million from the Kurdistan Regional Government as payment for August 2017 crude oil deliveries to the export market from the Tawke license. The funds will be shared by DNO and partner Genel Energy plc pro-rata to the companies' interests in the license.

Iraq's Kurdistan oil payments at risk over independence tensions

2017-11-10 worldoil
LONDON (Bloomberg) -- Iraq’s Kurdish region handed over almost $80 million to foreign oil producers over the past two days, but future payments may be at risk.

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