Receipt of payment for KRI oil exports
9 August 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 $39.59 million from the Kurdistan Regional Government as payment towards May 2017 crude oil deliveries to the export market from the Tawke field. The funds, to be shared pro-rata by Genel and DNO, include $33.21 million towards monthly deliveries and $6.39 million towards recovery of outstanding receivables. -ends- For further