Genel Energy Q4 Earnings Call Highlights
Yahoo Finance·2026-01-28 18:51

In the Q&A, management addressed whether increased drilling could require balance sheet funding if exports do not resume. Weir said it was possible in principle, but Clements explained the Tawke PSC has recovered past costs and that new investment is effectively repaid “virtually immediate[ly]”—described as around a month—through cost recovery, with activity funded by cash generation from the asset.Looking ahead, the company said investment has resumed on the drilling front. Weir noted plans to drill a seri ...

Genel Energy Q4 Earnings Call Highlights - Reportify