Genel adds to Kurdish portfolio

London-listed Genel Energy is set to gain a 23% stake in the in the Bina Bawi exploration licence in the Kurdistan region of Iraq.

Promising stake: Genel chief executive Tony Hayward said the Bina Bawi discovery was estimated to hold up to 1 billion boe of contingent resources
Promising stake: Genel chief executive Tony Hayward said the Bina Bawi discovery was estimated to hold up to 1 billion boe of contingent resources
Published 14 May 2012, 07:23Updated 6 October 2016, 10:47
Middle East