Genel Energy has boosted its operating stake to 100% in a block onshore Somaliland on which it is pursuing a farm-out process to attract investors for a planned exploration campaign.

The Anglo-Turkish independent has now acquired the 25% equity share in block SL-10-B-13 previously held by East Africa Resource Group, having earlier this year launched the farm-out process that is being run by Stellar Energy Advisors.

Genel is planning a drilling effort on the tract after a number of leads and prospects were identified from 2D seismic data acquired last year.