TIDMGENL

RNS Number : 5043K

Genel Energy PLC

31 December 2015

31 December 2015

Genel Energy plc

Côte d'Ivoire Drilling Update

Genel Energy plc ('Genel') announces that the Aigle-1X exploration well on the CI-508 licence offshore Côte d'Ivoire (Genel 24% working interest) is in the process of being plugged and abandoned after failing to encounter hydrocarbons.

The completion of this well concludes Genel's committed Côte d'Ivoire drilling programme.

-ends-

For further information, please contact:

 
 Genel Energy 
  Phil Corbett, Head of Investor 
  Relations 
  Andrew Benbow, Head of Public 
  Relations                         +44 20 7659 5100 
 
 Vigo Communications 
  Patrick d'Ancona                  +44 20 7016 9573

Notes to editors:

Genel Energy is an independent oil and gas exploration and production company listed on the main market of the London Stock Exchange (LSE: GENL). The Company, with headquarters in London and offices in Ankara and Erbil, is the largest independent oil producer and the largest holder of reserves and resources in the Kurdistan Region of Iraq and, through its Miran and Bina Bawi gas fields, is set to be a cornerstone provider of gas to Turkey under the KRI-Turkey Gas Sales Agreement. Genel also continues to pursue further growth opportunities within the Middle East and Africa. For further information, please refer to www.genelenergy.com.

This information is provided by RNS

The company news service from the London Stock Exchange

END

DRLVBLFXELFLFBF

(END) Dow Jones Newswires

December 31, 2015 02:00 ET (07:00 GMT)

Genel Energy (LSE:GENL)
Historical Stock Chart
From Jan 2025 to Feb 2025 Click Here for more Genel Energy Charts.
Genel Energy (LSE:GENL)
Historical Stock Chart
From Feb 2024 to Feb 2025 Click Here for more Genel Energy Charts.