Genel Energy | Egypt Oil & Gas - Part 2
Kurdistan Fields Produced Less Oil
Genel Energy, mentioned that it expects a decline in production at its Kurdish oil fields.
Genel Optimistic over Prospects despite Revenue Decline
Genel Energy, a major oil investor in the Kurdish region in Iraq, said that it was optimistic for its economic prospects for 2016 in spite of the decline in oil prices and the security situation in Iraq.
Results Inconclusive on Morocco Offshore Oil Discovery
Genel Energy says the SM-1 exploration well on the Sidi Moussa permit offshore Morocco is being P&A’d after encountering oil in fractured and brecciated cavernous Upper Jurassic carbonates.
