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Genel Energy issues Trading and Ops Update

Iraq Business News: Oil & Gas

The operational performance delivered from the Tawke and Peshkabir fields, together with the significant cost efficiency, continues to set these fields apart from others in the region.

Energy 97
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GKP outlines Payments to Govts for 2024

Iraq Business News: Oil & Gas

Gulf Keystone Petroleum (GKP) has published details of its payments to governments for the year 2024: Introduction This report sets out details of the payments made to governments by Gulf Keystone Petroleum Ltd and its subsidiary undertakings ('Gulf Keystone') for the year ended 31 December 2024 as required under Disclosure and Transparency Rule 4.3A

Royalty 45
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Saturn Oil & Gas Inc. provides Q1/25 capital program update and accelerates debt repayment with US$15 million senior note repurchase and cancellation

Oil & Gas 360º

Historically, the economics of such projects could not compete for capital relative to new drills, however, with the recent introduction of the Low Productivity and Reactivation Oil Well Program ( LPRP ) by the Government of Saskatchewan, the economics for well re-entries are more compelling. GJ to $3.35/GJ.

Gas 100
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Genel Energy: Tawke delivering "Significant Cash Generation"

Iraq Business News: Oil & Gas

Results summary ($ million unless stated) 2024 2023 Average Brent oil price ($/bbl) 81 82 Average realised price per barrel 35 47 Production (bopd, working interest) 19,650 12,410 Revenue 74.7 This is a situation that we continue to work on closely with our peers and host government to resolve. Production costs (17.6) (18.0)

Energy 66
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Whitecap Resources, Veren to combine to form C$15 billion Canadian energy giant

Oil & Gas 360º

Our combined company will include exceptional technical and support personnel from the two companies in both the office and field and an experienced Board of Directors that prioritizes sustainable and profitable growth to generate strong returns for our combined shareholders. After annual capital investments of $2.6 billion 1.

Energy 130
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Oil & Gas in 2025: Which Basin Will Dominate U.S. Energy and What’s Behind the $105 Billion in Oil Deals?

Rextag

While the region's mature fields are declining, new projects are helping stabilize production and extend the Gulfs viability as a key energy source. By late 2024, 12 new offshore projects were set to increase production by 0.231 MMBbl/d, helping offset declining output from aging fields. MMBbl/d in 2025. MMBbl/d in 2025. Chevrons St.

Basin 40
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Gulf Keystone Maintains Production Guidance Amid Regional Tensions

Iraq Business News: Oil & Gas

Regarding exports, Gulf Keystone continues to engage with government stakeholders to resume oil exports through the Iraq-Türkiye Pipeline (ITP). While we have seen no material impact on Shaikan Field operations to date, we are closely monitoring the developing conflict between Israel and Iran. IQD 130 billion] in cash as of 19 June.