Tag Archives | Forbes & Manhattan

Genel Energy Increases Chia Surkh Stake to 60%

Genel Energy has issued the following update on its operations at the Chia Surkh block in Kurdistan: On 16 January 2012, Genel Energy plc (“Genel Energy”) announced that it had entered into transactions with Forbes & Manhattan (Kurdistan) Inc. (a subsidiary of Longford Energy Inc.) (“F&M”) and Petoil Petroleum to increase Genel Energy’s interest in […]

Genel Energy Awaiting Approval on Chia Surkh Deal

Genel Energy is still awaiting government approval for its plan to increase its interest in the Chia Surkh block in the Kurdistan Region of Iraq from 20% to 80% and to become the operator of the field. This morning (Thursday) the company issued the following update to the market: On 16 January 2012, Genel Energy plc […]

Genel Takes Control of Chia Surkh

Genel Energy announced on Monday morning that it has taken a step forward in its strategy to consolidate its position as a leading oil and gas player in the Kurdistan Region of Iraq by becoming the government’s sole Contractor in the Chia Surkh exploration block. The Company said today that it is to increase its […]