Kurdistan Region

Genel Energy PLC: Director/PDMR Shareholding

Retrieved on: 
Saturday, June 10, 2023
Natural Resources, LSE, LEI, Genel Energy, London, London Stock Exchange, Kurdistan Region, Security (finance)

Genel Energy is a socially responsible oil producer listed on the main market of the London Stock Exchange (LSE: GENL, LEI: 549300IVCJDWC3LR8F94).

Key Points: 
  • 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 Kurdistan Region of Iraq, and a committed dividend programme that is material and sustainable.
  • Genel continues to seek opportunities to add new resilient and cash-generative assets to its portfolio, with the goal of progressing its dividend in the long-term.

Total Voting Rights

Retrieved on: 
Friday, May 19, 2023
LSE, Kurdistan Region, GKP

Gulf Keystone Petroleum Ltd. (LSE: GKP) is a leading independent operator and producer in the Kurdistan Region of Iraq.

Key Points: 
  • Gulf Keystone Petroleum Ltd. (LSE: GKP) is a leading independent operator and producer in the Kurdistan Region of Iraq.
  • Further information on Gulf Keystone is available on its website www.gulfkeystone.com
    This announcement contains certain forward-looking statements that are subject to the risks and uncertainties associated with the oil & gas exploration and production business.
  • This announcement has been prepared solely to provide additional information to shareholders to assess the Group's strategies and the potential for those strategies to succeed.
  • This announcement should not be relied on by any other party or for any other purpose.

Block Listing Application

Retrieved on: 
Friday, May 5, 2023
LSE, Kurdistan Region, GKP

Gulf Keystone Petroleum Ltd. (LSE: GKP) is a leading independent operator and producer in the Kurdistan Region of Iraq.

Key Points: 
  • Gulf Keystone Petroleum Ltd. (LSE: GKP) is a leading independent operator and producer in the Kurdistan Region of Iraq.
  • Further information on Gulf Keystone is available on its website www.gulfkeystone.com
    This announcement contains certain forward-looking statements that are subject to the risks and uncertainties associated with the oil & gas exploration and production business.
  • This announcement has been prepared solely to provide additional information to shareholders to assess the Group's strategies and the potential for those strategies to succeed.
  • This announcement should not be relied on by any other party or for any other purpose.

Operational & Corporate Update

Retrieved on: 
Friday, April 28, 2023
Kurdistan Regional Government, European Union (Withdrawal) Act 2018, SH-17, Economy of Kurdistan Region, KBT, Gulf Keystone Petroleum, National Energy Board, SH-18, GKP, KRG, OPEX, Safety, Kurdistan Region, Oil, Whaling, Cryptocurrency, EU

Gulf Keystone, a leading independent operator and producer in the Kurdistan Region of Iraq (“KRI” or “Kurdistan”), is today providing an update on operational and corporate activity and 2023 guidance following the shut-in of the Iraq-Turkey pipeline on 25 March 2023.

Key Points: 
  • Gulf Keystone, a leading independent operator and producer in the Kurdistan Region of Iraq (“KRI” or “Kurdistan”), is today providing an update on operational and corporate activity and 2023 guidance following the shut-in of the Iraq-Turkey pipeline on 25 March 2023.
  • Jon Harris, Gulf Keystone's Chief Executive Officer, said:
    “Gulf Keystone was on track to deliver another year of strong profitable production growth and robust cash flow generation until the Iraq-Turkey pipeline arbitration award resulted in the suspension of pipeline exports.
  • March production prior to the pipeline suspension averaged c.53,700 bopd with plans to bring on SH-18 in Q2 2023 and ongoing facilities expansion activities.
  • 596/2014 (as it forms part of domestic law by virtue of the European Union (Withdrawal) Act 2018).

Genel Energy PLC: Director/PDMR Shareholding

Retrieved on: 
Monday, April 17, 2023
Natural Resources, LSE, LEI, Genel Energy, London, London Stock Exchange, Kurdistan Region, Security (finance)

Genel Energy is a socially responsible oil producer listed on the main market of the London Stock Exchange (LSE: GENL, LEI: 549300IVCJDWC3LR8F94).

Key Points: 
  • 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 Kurdistan Region of Iraq, and a committed dividend programme that is material and sustainable.
  • Genel continues to seek opportunities to add new resilient and cash-generative assets to its portfolio, with the goal of progressing its dividend in the long-term.

Genel Energy PLC: Director/PDMR Shareholding

Retrieved on: 
Saturday, April 15, 2023
Natural Resources, LSE, LEI, Genel Energy, London, London Stock Exchange, Kurdistan Region, Security (finance)

Genel Energy is a socially responsible oil producer listed on the main market of the London Stock Exchange (LSE: GENL, LEI: 549300IVCJDWC3LR8F94).

Key Points: 
  • 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 Kurdistan Region of Iraq, and a committed dividend programme that is material and sustainable.
  • Genel continues to seek opportunities to add new resilient and cash-generative assets to its portfolio, with the goal of progressing its dividend in the long-term.

Genel Energy PLC: Update on Kurdistan production

Retrieved on: 
Friday, March 31, 2023
DNO, Kurdistan Region, Genel Energy, Malik ibn Tawk, Oil

Genel Energy plc ('Genel' or ‘the Company’) notes that DNO, as operator of the Tawke PSC (Genel 25% working interest), has today issued an update on licence activity.

Key Points: 
  • Genel Energy plc ('Genel' or ‘the Company’) notes that DNO, as operator of the Tawke PSC (Genel 25% working interest), has today issued an update on licence activity.
  • DNO has started an orderly shutdown of the Tawke and Peshkabir oil fields in the Kurdistan Region of Iraq, four days after it was instructed to temporarily cease deliveries to the Iraq-Turkey Pipeline.
  • The Tawke and Peshkabir fields averaged combined production of 107,000 barrels of oil per day in 2022, representing a quarter of Kurdistan’s total exports.
  • Tawke production shutdown has started but will take an additional day or so given the much larger numbers of wells spread across some 10 kilometers.

Update on Shaikan Field exports

Retrieved on: 
Tuesday, March 28, 2023
Kurdistan Regional Government, Communication, International, MNR, Economy of Kurdistan Region, Government, Parliament, Gulf Keystone Petroleum, Ministry, 2007 Iraqi Parliament bombing, Nature, MOO, GKP, Natural Resources, KRG, International Chamber of Commerce, Kurdistan Region, Commerce, Oil

Subsequent to the Court’s reported decision, the Kurdistan Pipeline Company notified GKP on 25 March that the Iraq-Turkey pipeline has been shut-in at Turkey’s request until the situation is resolved.

Key Points: 
  • Subsequent to the Court’s reported decision, the Kurdistan Pipeline Company notified GKP on 25 March that the Iraq-Turkey pipeline has been shut-in at Turkey’s request until the situation is resolved.
  • The KRG exports crude from the Shaikan Field and other fields in the region via this route.
  • GKP’s facilities have storage capacity that allow continued production at a curtailed rate over the coming days after which the Company will suspend production.
  • The budget was agreed on the same day that Iraq completed a budget transfer of 400 billion dinar (c.US$275 million) to the KRG.

Genel Energy PLC: Update on Kurdistan pipeline exports

Retrieved on: 
Tuesday, March 28, 2023
Kurdistan Regional Government, International, MNR, Master of Orion, Economy of Kurdistan Region, Genel Energy, Parliament, Ministry, 2007 Iraqi Parliament bombing, Nature, Republic, Natural Resources, KRG, International Chamber of Commerce, Kurdistan Region, Commerce

Genel Energy plc ('Genel' or 'the Company') has been informed by the Kurdistan Pipeline Company that the Iraq-Turkiye pipeline has been shut-in.

Key Points: 
  • Genel Energy plc ('Genel' or 'the Company') has been informed by the Kurdistan Pipeline Company that the Iraq-Turkiye pipeline has been shut-in.
  • The Company understands this shut-in has been requested by the Republic of Turkiye.
  • Public statements made by both the Federal Iraq Ministry of Oil (‘MoO’) and the Kurdistan Regional Government (‘KRG’) lead Genel to believe the shut-in will be temporary, and Genel continues to produce oil into storage facilities.
  • This follows the International Chamber of Commerce in Paris ruling in favour of Iraq in the long running arbitration case against Turkiye concerning the Iraqi-Turkish pipeline agreement signed in 1973.

Notice of 2022 Full Year Results and Investor Presentations

Retrieved on: 
Thursday, March 16, 2023
Kurdistan Region, LSE, GKP

Gulf Keystone Petroleum Ltd. (LSE: GKP) is a leading independent operator and producer in the Kurdistan Region of Iraq.

Key Points: 
  • Gulf Keystone Petroleum Ltd. (LSE: GKP) is a leading independent operator and producer in the Kurdistan Region of Iraq.
  • Further information on Gulf Keystone is available on its website www.gulfkeystone.com
    This announcement contains certain forward-looking statements that are subject to the risks and uncertainties associated with the oil & gas exploration and production business.
  • This announcement has been prepared solely to provide additional information to shareholders to assess the Group's strategies and the potential for those strategies to succeed.
  • This announcement should not be relied on by any other party or for any other purpose.