">
http://www.rigzone.com/news/article.asp?a_id=114250&hmpn=1

THIS STOCK QUALIFIES FOR YOUR ISA.


Photo's of Ber Bahir where black is thought to be oil?

http://db.tt/nrmRjZ5D

THE LARGEST PRODUCER IN KURDISTAN, 41000bopd,with 1.4BBO of which 356MBO are P1 &P2.
http://www.investegate.co.uk/genel-energy-plc-%28genl%29/rns/completion-of-acquisition/201301231000021850W/
The operator with 40% interest (GKP 40&)in Ber Bahir.
From a recent RNS released by GKP ,

13th Dec 2011
Ber Bahr-1 Exploration Well

The first exploration well on the Ber Bahr block has drilled to a measured depth of 1,765 metres at the top of the Triassic with hydrocarbons indications observed in the well. Wireline logging is underway which will be followed by running of 9 5/8" casing. The well will then continue drilling to the estimated TD of 2,100 metres.

Also a note from the broker stated that was similar to early Shailhan wells,if so WOW?

Approx 335mtrs to go of which oil plays are part of,so news is close?

http://boards.fool.co.uk/vallares-gkp-12355098.aspx?sort=whole#12355179
http://www.investegate.co.uk/Article.aspx?id=201203080700149278Y
http://www.investegate.co.uk/Article.aspx?id=201203200700206495Z
http://www.investegate.co.uk/Article.aspx?id=201203210705107420Z
http://www.moneyam.com/action/news/showArticle?id=4422402
http://www.moneyam.com/action/news/showArticle?id=4430165
http://www.moneyam.com/action/news/showArticle?id=4431708
http://www.genelenergy.com/admin/resimler/detay_resim/Half_Year_Results_23082012_FINAL.pdf
http://www.investegate.co.uk/genel-energy-plc-%28genl%29/rns/trading-and-operational-update/201301180700068414V/
http://www.investegate.co.uk/genel-energy-plc--genl-/rns/bina-bawi-update/201304041105015272B/
http://www.investegate.co.uk/genel-energy-plc--genl-/rns/chia-surkh-discovery/201304100700069624B/
http://www.investegate.co.uk/genel-energy-plc--genl-/rns/half-yearly-report/201307310700115294K/
http://www.investegate.co.uk/genel-energy-plc--genl-/rns/declaration-of-commerciality-for-miran/201309030700110610N/
http://www.moneyam.com/action/news/showArticle?id=4668698
http://www.investegate.co.uk/genel-energy-plc--genl-/rns/update-re--tawke/201310140708553997Q/
http://www.moneyam.com/action/news/showArticle?id=4739145
http://www.investegate.co.uk/genel-energy-plc--genl-/rns/krg-exercises-back-in-right-to-miran-psc/201402241100037720A/
http://www.investegate.co.uk/genel-energy-plc--genl-/rns/full-year-results/201403060700146386B/
http://www.investegate.co.uk/genel-energy-plc--genl-/rns/agreement-for-development-of-miran-and-bina-bawi/201411130700268995W/
http://www.moneyam.com/action/news/showArticle?id=4962310
HTTp://news.sky.com/story/1419273/ex-bp-boss-hayward-lures-monaghan-to-genel
http://uk.advfn.com/news/UKREG/2015/article/67672862

I'm in today @680p.

Are you looking to hold long term mitzy, or just a quick punt? Am planning to have a stake in GENL in preference to others who intend to develop Kurdistan, but no spare cash atm.

Yes Harry will hold lt.

Worth between 1200p and 1500p a share imo.

could break 700p this time.

http://www.hurriyetdailynews.com/iraq-lost-fight-against-arbil.aspx?pageID=238&nid=27479&NewsCatID=348

Broken through 700p barrier.

is this a one trick pony?

Yes at the moment.
"The Company`s primary assets are oil and gas licences located in the Kurdistan Region of Iraq. Genel Energy plc has an interest in six Production Sharing Contracts (PSCs) with the Kurdistan Regional Government and is the largest producer of oil and the largest holder of reserves in the Kurdistan Region with interests in the Taq Taq and Tawke fields. The Group also has an exciting exploration portfolio across its six PSCs which it aims to drill over the next 12-18 months." (From their website).

Harry thanks for that, so are you saying its a bet on Kurdistan settling with Baghdad?

Much like GKP and others.

Tipped in todays Telegraph.

Questor shares tip: Genel is a speculative buy
Tony Hayward's oil vehicle Genel has seen its share price plunge. Questor thinks the shares are a speculative buy.
By Garry White
7:00AM BST 12 Aug 2012

Genel Energy
695p
Questor says SPEC. BUY

Genel, the oil investment vehicle headed by Tony Hayward, the former chief executive of BP, has been unloved by the stock market.

Since its purchase of Turkish oil group Genel Enerji, which owns producing and exploration assets in the Kurdistan region of Iraq, the shares have plunged by a third. The company is also backed by financier Nathaniel Rothschild and its finance director is Julian Metherell, a former Goldman Sachs partner.

Genel had $1.8bn (£1.15bn) of cash when it gave its last trading update. Last week it spent $240m buying an additional 21pc interest in a Kurdish oilfield called Bina Bawi to bring its stake to 44pc. This means that about 78pc of its current market capitalisation is backed by cash in the bank.

Indeed, part of the reason for the underperformance has been the "cash drag". Money sitting in a bank earns little return at the moment and the market has been waiting for a big acquisition.

However, Genel is the largest oil producer in the semi-autonomous region of Iraq. No agreement on an oil law with the Iraq central government has been reached, but there are signs that progress is being made on exporting more oil to Turkey.

Reports suggest discussions with the Kurdish and Turkish governments may result in the construction of a pipeline.

Questor recommended the shares as a speculative play in February when they were at 828p, but they have continued to fall. However, a canny M&A deal will be just the catalyst the share price needs. Genel is a speculative buy.

Up 30p first thing this am.

Terrific rise in the sp. Sadly it's going without me as fully invested elsewhere! Selfishly hoping for a pullback sub 700p!

Its never too late Harry.. Merril Lynch have a 1200p target.

http://www.moneyam.com/action/news/showArticle?id=4430165

Heritage up 20% well done to holders.

Genel to farm in to Sidi Moussa Offshore Block, offshore Morocco and assume operatorship

Genel Energy announces that it has agreed to farm in for 60 per cent of the licence interests to explore for and produce oil and gas in the Sidi Moussa Offshore Block, offshore Morocco ("Sidi Moussa")(the "Transaction"). As part of the Transaction, Genel Energy will assume operatorship.

http://www.moneyam.com/action/news/showArticle?id=4431686

Genel Energy to farm in to Area 4 (Blocks 4,5,6 & 7) Offshore Malta

Genel Energy announces that it has agreed to farm in for 75 per cent of Mediterranean Oil and Gas Plc's (MOG) licence interests to explore for and produce oil and gas in the Area 4 Offshore Malta ("Area 4")(the "Transaction").

http://www.moneyam.com/action/news/showArticle?id=4431687

Update on acquisition of additional interest in the Miran Block

On 21 August 2012, Genel Energy announced that it had entered into a sale and purchase agreement to acquire an additional 26 per cent interest in the Miran exploration block in the Kurdistan Region of Iraq (the "Miran Block") from Heritage Energy Middle East Limited ("HEME") (the "Acquisition").

Genel Energy today announces that, following discussions with the Ministry for Natural Resources in the Kurdistan Region of Iraq, Closing took place under the sale and purchase agreement yesterday. Following such Closing and formal approval of the Acquisition by the Regional Council for the Oil and Gas Affairs of the Kurdistan Region - Iraq, Genel Energy will, combined with its existing holdings, have a 51 per cent working interest in the Miran Block.

Genel Energy and HEME have agreed to establish a new joint venture company for the purposes of managing the Miran Block, to be held between them pro rata to their working interests in the field. HEME will transfer the operatorship of the Miran Block to the new vehicle within 60 days.

Simultaneously, Heritage Oil Plc ("Heritage") drew down $294 million from its bilateral loan with Genel Energy, the terms of which were previously announced on 21 August 2012. The Loan is made on standard commercial terms and is secured against both Heritage's interest in the share capital of HEME and Heritage's working interest in the Miran Block.