AUCTUS PUBLICATIONS ________________________________________ Chariot (CHAR LN)C; Target price of £0.08 per share: US$100 mm guarantees highlight the value of the South Africa energy trading business - British International Investment (BII) and GuarantCo have announced a US$100 mm guarantee finance facility for Etana Energy, the South African electricity trading platform which is owned and was co-founded by Chariot (49%) and H1 Holdings (51%). Etana is one of the few companies holding an electric...
Genel Energy PLC (GENL) Genel Energy PLC: Update on arbitration regarding the Bina Bawi and Miran PSCs / Arbitration Award made in favour of Kurdistan Regional Government 02-Dec-2024 / 16:35 GMT/BST 2 December 2024 Genel Energy plc Update on arbitration regarding the Bina Bawi and Miran PSCs / Arbitration Award made in favour of Kurdistan Regional Government Genel Energy plc (‘Genel’) announces that it has today received a copy of the award (the ‘Award’) in respect of the London Court of International Arbitration claim brought by the Kurdistan Regional Government (‘...
AUCTUS PUBLICATIONS ________________________________________ Arrow Exploration (AXL LN/CN)C; Target price of £0.70 per share: 1.9 mbbl/d at latest CN well. Water disposal infrastructure operational. High net cash – The fifth horizontal well at Carrizales Norte (CNB HZ-6) is producing 1.9 mbbl/d of oil (0.95 mbbl/d net to Arrow) with a water cut of 31%. The well reached TD ~ one month ago. After ~1 month of production, CNB HZ-1 and CNB HZ-3 were also producing >30% water with ~1 mbbl/d oil produ...
Genel has released its Q3 trading statement, reporting ongoing cash flows from Tawke with production sold into the local market. These are covering costs and supporting the company’s net cash position as it continues to await a potential resumption of KRI oil exports, progress on its arbitration case, and potential acquisitions.
Genel Energy PLC (GENL) Genel Energy PLC: Trading and operations update 12-Nov-2024 / 07:00 GMT/BST 12 November 2024 Genel Energy plc Trading and operations update Genel Energy plc ('Genel' or 'the Company') issues the following trading and operations update in respect of the third quarter and first nine months of 2024. Paul Weir, Chief Executive of Genel, said: “Since our half year results in August, we have continued optimising cash flows, evolving our capital structure and originating and maturing opportunities to acquire new assets that add reserves and diversify o...
Genel Energy PLC (GENL) Genel Energy PLC: Bond call option exercised 16-Oct-2024 / 15:48 GMT/BST 16 October 2024 Genel Energy plc Bond call option exercised Genel Energy plc ('Genel' or 'the Company') has notified Nordic Trustee AS that the Company calls $75 million of the outstanding bond amount relating to ISIN NO 0010894330 with a maturity date in October 2025 and a fixed coupon of 9.25% per annum, at a price equal to 101.85% of the nominal amount. The total amount outstanding before the call is $300 million, resulting in $225 million remaining after the call opti...
Genel Energy PLC (GENL) Genel Energy PLC: Changes to Director Responsibilities 23-Sep-2024 / 13:00 GMT/BST 23 September 2024 Genel Energy plc Changes to Director Responsibilities In accordance with Listing Rule 6.4.6, Genel Energy plc (‘the Company’) announces that Canan Ediboğlu’s position as interim Senior Independent Director has been confirmed by the Board as permanent. -ends- For further information, please contact: Genel Energy Luke Clements 0 Vigo Consulting Patrick d’Ancona 0 ...
Genel Energy PLC (GENL) Genel Energy PLC: Director/PDMR Shareholding 12-Sep-2024 / 16:08 GMT/BST 12 September 2024 Genel Energy plc NOTIFICATION AND PUBLIC DISCLOSURE OF A TRANSACTION BY A PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES On 12 September 2024, Yetik K. Mert notified the Company that on 6 September 2024, he purchased 20,500 Ordinary Shares in Genel Energy plc at a price of £0.737695 per share. Yetik K. Mert is an Independent Non-Executive Director of Genel Energy plc. The notification below is made in accordance with the requirements of the EU Market Abuse ...
Genel Energy PLC (GENL) Genel Energy PLC: Director / PDMR Shareholding 10-Sep-2024 / 15:00 GMT/BST 10 September 2024 Genel Energy plc (the ‘Company’) 2024 Awards - Notification of Transactions by Persons Discharging Managerial Responsibilities (‘PDMRs’) Pursuant to the notification obligations under UK Market Abuse Regulations Article 19.1 the Company granted an award over its ordinary shares of 10 pence each under the 2021 Performance Share Plan (‘PSP’) on 10 September 2024 to Luke Clements as set out below. The PSP award granted to Luke Clements was made in...
A director at Genel Energy bought 81,000 shares at 76p and the significance rating of the trade was 63/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two years clearly showin...
Genel Energy PLC (GENL) Genel Energy PLC: Director / PDMR Shareholding 06-Sep-2024 / 15:49 GMT/BST 6 September 2024 Genel Energy plc NOTIFICATION AND PUBLIC DISCLOSURE OF A TRANSACTION BY A PERSON DISCHARGING MANAGERIAL RESPONSIBILITIES On 6 September 2024, Yetik K. Mert notified the Company that on 6 September 2024, he purchased 81,000 Ordinary Shares in Genel Energy plc at a price of £0.75495 per share. Yetik K. Mert is an Independent Non-Executive Director of Genel Energy plc. The notification below is made in accordance with the requirements of the EU Market Abuse ...
Genel Energy PLC (GENL) Genel Energy PLC: Appointment of Independent Non-Executive Director 02-Sep-2024 / 07:00 GMT/BST 2 September 2024 Genel Energy plc Appointment of Independent Non-Executive Director Genel Energy plc ('Genel') announces the appointment of Sir Dominick Chilcott as an Independent Non-Executive Director, with effect from 1 September 2024. Sir Dominick Chilcott brings a wealth of expertise from his distinguished career as a diplomat over four decades at the UK’s Foreign and Commonwealth Office. Sir Dominick most recently served as the British Ambass...
Genel Energy PLC (GENL) Genel Energy PLC: Result of bond buy-back offer to bondholders 21-Aug-2024 / 07:00 GMT/BST NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA OR TO ANY U.S. PERSON, OR IN OR INTO ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT. 21 August 2024 Genel Energy plc (‘Genel’) Result of bond buy-back offer to bondholders Gene...
AUCTUS PUBLICATIONS ________________________________________ Panoro Energy (PEN NO)C; Target price NOK52 per share: All eyes on EG – 1H24 production was 9,168 bbl/d. EG and Gabon production had already been disclosed. 1H24 production in Tunisia was 1,670 bbl/d (we forecasted 1,760 bbl/d) given subdued activities. In EG, the first infill well encountered the primary and secondary reservoirs in line with expectations. Production is expected to begin early September. The second infill well is expec...
Genel has released its H1 2024 results. These reflect ongoing Tawke sales into the local KRI oil market, helping cover company costs and preserve cash while we await the potential return of pipeline exports, a result from the Miran/Bina Bawi arbitration process, and potential new acquisitions.
Genel Energy PLC (GENL) Genel Energy PLC: Announcement of bond buy-back offer to bondholders 06-Aug-2024 / 07:21 GMT/BST NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN WHOLE OR IN PART IN OR INTO OR TO ANY PERSON LOCATED OR RESIDENT IN THE UNITED STATES, ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES OR THE DISTRICT OF COLUMBIA OR TO ANY U.S. PERSON, OR IN OR INTO ANY OTHER JURISDICTION WHERE IT IS UNLAWFUL TO RELEASE, PUBLISH OR DISTRIBUTE THIS DOCUMENT. 6 August 2024 Genel Energy plc Announcement of bond buy-back offer to bondholders Gene...
Genel Energy PLC (GENL) Genel Energy PLC: Half-Year Results 06-Aug-2024 / 07:20 GMT/BST 6 August 2024 Genel Energy plc - Unaudited results for the period ended 30 June 2024 Paul Weir, Chief Executive of Genel, said: “We have continued to progress our priority workstreams, each of which can be transformational for the business, whilst maintaining our balance sheet strength by strict discipline on spend and capital allocation. Cash generative production continues from our flagship Tawke licence, where domestic sales demand has shown resilient consistency in the past 6 month...
Genel Energy PLC (GENL) Genel Energy PLC: Notice of Half Year Results and Investor Presentation 17-Jul-2024 / 07:00 GMT/BST 17 July 2024 Genel Energy plc Notice of Half Year Results and Investor Presentation Genel Energy plc ('Genel') will announce its half year results for the six months ended 30 June 2024 on Tuesday, 6 August 2024. Genel will also host a live presentation via the Investor Meet Company platform on Tuesday, 6 August 2024 at 10.00 a.m. BST. The presentation is open to all existing and potential shareholders. Questions can be submitted pre-even...
We have updated our forecasts for Genel, realigning our expectations for 2024 production and revenues, now basing these on a full year of local sales, with an assumption of exports resuming in early 2025. This still leaves the cash position broadly flat over 2024, based on limited spending, preserving the company’s ability to invest as appropriate.
AUCTUS PUBLICATIONS ________________________________________ GeoPark (GPRK US)C; target price of US$26 per share: More favourable offtake contract in Colombia – GeoPark has signe da new offtake contract with Vitol for a minimum of 20 mbbl/d. The agreement improves GeoPark’s price realizations by US$0.15/bbl vs the current agreement. As part of this transaction, GeoPark will obtain immediate access to committed funding from Vitol for up to US$300 mm, with an option to increase by another US$200 m...
Unfortunately, this report is not available for the investor type or country you selected.
Report is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.