Genel Energy Oil/Gas Report (Somaliland)

Year 2020

“In an effort to provide critical life-saving equipment and supplies to
the people of Somaliland, a country with less than a dozen intensive
care unit beds for the entire population, Genel funded the procurement
and instalment of an oxygen plant capable of simultaneously filling
15 sets of high pressure oxygen cylinders per day. Genel also
supplied thirty oxygen concentration machines and thirty patient
monitors. The medical equipment, valued at c.$100,000, was
delivered to the Burano Regional Hospital in collaboration with the
African Network for Prevention and Protection Against Child Abuse
and Neglect-Somali Chapter (ANPPCAN-SOM). This investment will
have a significant impact on the local community and serve medical
benefits beyond the pandemic.”


Genel Energy - 2022 Half Year Results

Paul Weir, Interim Chief Executive Officer

Luke Clements, Chief Financial Officer

Mike Adams, Technical Director

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Looking further ahead, we are excited by the opportunity that Somaliland presents. It is a geography that ticks all of the right boxes for new drilling. It is highly prospective, with geology analogous to prolific Yemen basins. It is onshore drilling with a clear route to market via the port of Berbera, and importantly there is the opportunity to make a huge difference to the lives of people in the local community. This is what we mean when we talk about having a portfolio that fits into a future of fewer and better natural resources projects, and we look forward to drilling a well around the end of 2023.

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Genel Energy - Africa Oil Week Update