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Receipt of Payments for KRI Oil Sales

Source: www.gulfoilandgas.com 5/28/2020, Location: Middle East

Genel Energy plc ('Genel') announces that payments have been received from the Kurdistan Regional Government for oil sales during April 2020.

The Taq Taq partners have received a gross payment of $1.9 million, with Genel's net share of the payment being $1.1 million.

The Tawke partners have received a gross payment of $8.5 million, with Genel's net share of the payment being $2.1 million.

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