Genel Energy PLC (GENL) 
Genel Energy PLC: Receipt of payments for KRI oil sales 
 
01-Sep-2020 / 07:00 GMT/BST 
Dissemination of a Regulatory Announcement, transmitted by EQS Group. 
The issuer is solely responsible for the content of this announcement. 
 
                      1 September 2020 
 
           Genel Energy plc 
 
           Receipt of payments for KRI oil sales 
 
    Genel Energy plc ('Genel' or 'the Company') announces that payments have 
   been received from the Kurdistan Regional Government for oil sales during 
                      July 2020. 
 
    The Taq Taq partners have received a gross payment of $4.7 million, with 
                      Genel's net share of the payment being $2.6 million. 
 
     The Tawke partners have received a gross payment of $35.8 million, with 
                      Genel's net share of the payment being $8.7 million. 
 
           -ends- 
 
                      For further information, please contact: 
 
Genel Energy                          +44 20 7659 5100 
 
Andrew Benbow, Head of Communications 
 
Vigo Communications                   +44 20 7390 0230 
 
Patrick d'Ancona 
 
                      Notes to editors: 
 
      Genel Energy is a socially responsible oil producer listed on the main 
 market of the London Stock Exchange (LSE: GENL, LEI: 549300IVCJDWC3LR8F94). 
     The Company is one of the largest London-listed independent hydrocarbon 
   producers, with an asset portfolio that positions us well for a future of 
         fewer and better natural resources projects. Genel has low-cost and 
  low-carbon production from the Taq Taq and Tawke licences in the Kurdistan 
    Region of Iraq, providing financial resilience that allows investment in 
growth and the payment of a material and sustainable dividend, even at a low 
 oil price. Genel also continues to pursue further growth opportunities. For 
               further information, please refer to www.genelenergy.com [1]. 
 
ISIN:          JE00B55Q3P39 
Category Code: MSCM 
TIDM:          GENL 
LEI Code:      549300IVCJDWC3LR8F94 
Sequence No.:  83253 
EQS News ID:   1125613 
 
End of Announcement EQS News Service 
 
 
1: https://eqs-cockpit.com/cgi-bin/fncls.ssp?fn=redirect&url=3ec46b352f38452116096dbbab51b09e&application_id=1125613&site_id=vwd&application_name=news

(END) Dow Jones Newswires

September 01, 2020 02:00 ET (06:00 GMT)

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