Genel Energy resumes production at Tawke and Peshkabir fields at 80,000 bopd

Reuters11-12

Genel Energy resumes production at Tawke and Peshkabir fields at 80,000 bopd

Genel Energy plc has provided a trading and operations update for the third quarter and first nine months of 2025. The company reported that production from the Tawke and Peshkabir fields has resumed at approximately 80,000 barrels of oil per day. Despite domestic sales prices remaining just over $30 per barrel, the core business continues to generate free cash flow. Genel reiterated its guidance of maintaining net cash at similar levels at the end of the year as at the start. The company's near-term objectives include restarting exports from the Tawke and Peshkabir fields, maximizing production and reserves from these fields, appraising Oman Block 54, agreeing on a plan with the Kurdistan Regional Government for recovery of overdue receivables, and acquiring new production assets. Following its Annual General Meeting in May 2025, where several resolutions received over 20% of votes against, Genel has engaged with major shareholders and reported that no specific actions have been identified as a result of this process.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Genel Energy plc published the original content used to generate this news brief via EQS News, a service of EQS Group AG (Ref. ID: UK-Regulatory_2228032_en), on November 12, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2582427343?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-11-12 15:01","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2582427343","market":"us","top_or_hot":-1,"title":"Genel Energy resumes production at Tawke and Peshkabir fields at 80,000 bopd","media":"Reuters","content":"<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Genel Energy resumes production at Tawke and Peshkabir fields at 80,000 bopd\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Genel Energy plc has provided a trading and operations update for the third quarter and first nine months of 2025. The company reported that production from the Tawke and Peshkabir fields has resumed at approximately 80,000 barrels of oil per day. Despite domestic sales prices remaining just over $30 per barrel, the core business continues to generate free cash flow. Genel reiterated its guidance of maintaining net cash at similar levels at the end of the year as at the start. The company's near-term objectives include restarting exports from the Tawke and Peshkabir fields, maximizing production and reserves from these fields, appraising Oman <a href=\"https://laohu8.com/S/XYZ\">Block</a> 54, agreeing on a plan with the Kurdistan Regional Government for recovery of overdue receivables, and acquiring new production assets. Following its Annual General Meeting in May 2025, where several resolutions received over 20% of votes against, Genel has engaged with major shareholders and reported that no specific actions have been identified as a result of this process.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Genel Energy plc published the original content used to generate this news brief via EQS News, a service of EQS Group AG (Ref. ID: UK-Regulatory_2228032_en), on November 12, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Genel Energy resumes production at Tawke and Peshkabir fields at 80,000 bopd</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGenel Energy resumes production at Tawke and Peshkabir fields at 80,000 bopd\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-11-12 15:01</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      Genel Energy resumes production at Tawke and Peshkabir fields at 80,000 bopd\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        Genel Energy plc has provided a trading and operations update for the third quarter and first nine months of 2025. The company reported that production from the Tawke and Peshkabir fields has resumed at approximately 80,000 barrels of oil per day. Despite domestic sales prices remaining just over $30 per barrel, the core business continues to generate free cash flow. Genel reiterated its guidance of maintaining net cash at similar levels at the end of the year as at the start. The company's near-term objectives include restarting exports from the Tawke and Peshkabir fields, maximizing production and reserves from these fields, appraising Oman <a href=\"https://laohu8.com/S/XYZ\">Block</a> 54, agreeing on a plan with the Kurdistan Regional Government for recovery of overdue receivables, and acquiring new production assets. Following its Annual General Meeting in May 2025, where several resolutions received over 20% of votes against, Genel has engaged with major shareholders and reported that no specific actions have been identified as a result of this process.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Genel Energy plc published the original content used to generate this news brief via EQS News, a service of EQS Group AG (Ref. ID: UK-Regulatory_2228032_en), on November 12, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"GENL.UK","symbol_name":"GENEL ENERGY PLC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251112:nNDL2mwHXc:1","article_id":"2582427343","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2582427343","pubTimestamp":1762930906,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Genel Energy plc has provided a trading and operations update for the third quarter and first nine months of 2025. The company reported that production from the Tawke and Peshkabir fields has resumed at approximately 80,000 barrels of oil per day. Despite domestic sales prices remaining just over $30 per barrel, the core business continues to generate free cash flow. Genel reiterated its guidance of maintaining net cash at similar levels at the end of the year as at the start. The company's near-term objectives include restarting exports from the Tawke and Peshkabir fields, maximizing production and reserves from these fields, appraising Oman Block 54, agreeing on a plan with the Kurdistan Regional Government for recovery of overdue receivables, and acquiring new production assets. Following its Annual General Meeting in May 2025, where several resolutions received over 20% of votes against, Genel has engaged with major shareholders and reported that no specific actions have been ident","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"GENL.UK":"GENEL ENERGY PLC","BK5159":"石油与天然气的勘探与生产"},"translate_title":"Genel Energy恢复Tawke和Peshkabir油田的生产，产量为80,000桶/日","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"GENL.UK":0.9},"content_text":"Genel Energy resumes production at Tawke and Peshkabir fields at 80,000 bopd\n    \n\n        Genel Energy plc has provided a trading and operations update for the third quarter and first nine months of 2025. The company reported that production from the Tawke and Peshkabir fields has resumed at approximately 80,000 barrels of oil per day. Despite domestic sales prices remaining just over $30 per barrel, the core business continues to generate free cash flow. Genel reiterated its guidance of maintaining net cash at similar levels at the end of the year as at the start. The company's near-term objectives include restarting exports from the Tawke and Peshkabir fields, maximizing production and reserves from these fields, appraising Oman Block 54, agreeing on a plan with the Kurdistan Regional Government for recovery of overdue receivables, and acquiring new production assets. Following its Annual General Meeting in May 2025, where several resolutions received over 20% of votes against, Genel has engaged with major shareholders and reported that no specific actions have been identified as a result of this process.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Genel Energy plc published the original content used to generate this news brief via EQS News, a service of EQS Group AG (Ref. ID: UK-Regulatory_2228032_en), on November 12, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2582427343","isCrawlerRequest":true}