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Dato/tid 14.09.2017 08:21
Utsteder Genel Energy Finance plc
UtstederID GENEL
Instrument
Marked ABM
Kategori RAPPORTERING OM BETALING TIL MYNDIGHETER (LAND-FOR-LAND RAPPORTERING)
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Tittel Receipt of payment for KRI oil exports
Tekst
14 September 2017

Genel Energy plc

Receipt of payment for KRI oil exports from Tawke field

Genel Energy plc ('Genel') notes the announcement from DNO ASA, as operator of
the Tawke field, that the Tawke field partners have received a payment of $34.75
million from the Kurdistan Regional Government as payment towards June 2017
crude oil deliveries to the export market from the Tawke licence. The funds will
be shared pro-rata by DNO and Genel.

-ends-

For further information, please contact:

Genel Energy                              +44 20 7659 5100
Phil Corbett, Head of Investor Relations
Andrew Benbow, Head of Public Relations

Vigo Communications                       +44 20 7830 9700
Patrick d'Ancona

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 one of the
largest London-listed independent oil producers, and is the largest holder of
reserves and resources in the Kurdistan Region of Iraq. Through its Miran and
Bina Bawi gas fields, the Company is positioned to be a cornerstone provider of
KRI 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.

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