The Tony Hayward-led company is also preparing to drill fourwells in Somaliland from the middle of next year as it targets up to sixhigh-impact wells per year from its African portfolio.
Genel’s stable of African assets comprises three blocks offMorocco, one off Ivory Coast, two onshore Somaliland and four off Malta, whichit also includes in the African fold.
Although not identifying any parties, the company said inThursday’s full-year result announcement – which revealed a net profit of $75.9million