Genel Energy reports $134m cash position after refinancing

Genel Energy reported a net cash position of $134.4m for H1 2025, up from $130.7m at year-end 2024, following successful bond debt refinancing in April.

Production remained steady at 19,600 bopd with all domestic sales cash received. The company is advancing its Block 54 licence in Oman while working to secure oil exports from Kurdistan.