Fri. Aug 15th, 2025

Genel Energy, a leading independent oil and gas exploration and production company, has released its unaudited results for the period ended 30 June 2025. The company reported a strong operational performance, with significant progress in its growth strategy. The results demonstrate Genel Energy’s commitment to delivering value to its stakeholders through its focus on exploration, production, and development activities. The company’s production levels remained stable, with a slight increase in output from its existing fields. The average working interest production for the period was 33,100 bopd, with a total of 3.04 million barrels of oil produced. Genel Energy’s revenue for the period was $143 million, with a net profit of $35 million. The company’s cash balance stood at $355 million, providing a strong foundation for future growth. The results also highlighted the company’s progress in its exploration activities, with several new discoveries and a significant increase in its proven and probable reserves. Genel Energy’s management team expressed satisfaction with the company’s performance, citing the strong operational results and significant progress in its growth strategy. The company remains focused on delivering long-term value to its stakeholders through its disciplined approach to capital allocation and its commitment to operational excellence. Genel Energy’s results were well-received by investors, with the company’s shares showing a significant increase in value following the announcement. The company’s strong performance is a testament to its experienced management team and its ability to navigate the challenges of the oil and gas industry. Genel Energy’s commitment to sustainability and social responsibility was also highlighted in the results, with the company reporting a significant reduction in its carbon footprint and a strong focus on community engagement. The company’s results demonstrate its position as a leader in the oil and gas industry, with a strong track record of delivering value to its stakeholders. Genel Energy’s growth strategy is focused on building a diversified portfolio of assets, with a strong emphasis on exploration and production activities. The company is committed to delivering long-term value to its stakeholders through its disciplined approach to capital allocation and its focus on operational excellence. The results also highlighted the company’s strong financial position, with a significant cash balance and a robust balance sheet. Genel Energy’s management team is confident in the company’s ability to deliver strong results in the future, driven by its focus on exploration, production, and development activities. The company’s commitment to sustainability and social responsibility is also expected to remain a key focus area, with a strong emphasis on reducing its carbon footprint and engaging with local communities. Overall, Genel Energy’s unaudited results for the period ended 30 June 2025 demonstrate the company’s strong operational performance and significant progress in its growth strategy. The company remains well-positioned to deliver long-term value to its stakeholders through its disciplined approach to capital allocation and its commitment to operational excellence.

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