Genel Energy is an independent oil and gas exploration and production company headquartered in London, with its ordinary shares listed on the London Stock Exchange and American depositary receipts trading on the OTC Markets under the symbol GEGYY. Established in 2011, the company was formed through the merger of assets held by Vallar and Vallares, combining a portfolio of interests in the Kurdistan Region of Iraq. Genel Energy focuses on the upstream segment of the industry, engaging in the exploration, development, production and marketing of crude oil and natural gas.
The cornerstone of Genel’s operations lies in its producing fields in the Kurdistan Region of Iraq, notably the Taq Taq and Tawke licenses, where the company holds significant working interests. These assets have delivered consistent production through ongoing investment in well optimization, facility upgrades and enhanced recovery techniques. Beyond Iraq, Genel has expanded its asset base into North and West Africa, holding exploration and development licenses in Morocco’s Tendrara concession and offshore blocks in Senegal, where it is progressing towards first oil through partnership arrangements with national oil companies and service providers.
Genel Energy’s technical team applies its expertise in reservoir management, drilling execution and project development across a range of geological settings. The company employs seismic interpretation, subsurface modeling and advanced completion methods to unlock value from both mature fields and frontier opportunities. Tailoring its approach to local operating environments, Genel places a strong emphasis on community engagement, infrastructure sharing and environmentally responsible practices, aligning its activities with regional development goals and regulatory frameworks.
Governed by a board of directors with deep industry experience, Genel Energy is led by a senior management team whose backgrounds span major international oil companies, private equity-backed exploration ventures and national oil companies. The company maintains a disciplined capital allocation strategy, aiming to balance investment in production growth with sustainable financial management. Through ongoing exploration campaigns, field optimization and project partnerships, Genel Energy seeks to enhance its reserve base and deliver long-term value to its stakeholders.
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