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Genel Energy farmout plans

Genel Energy plans to farm down its 75% interest in the SL-10B and SL-13 blocks onshore Somaliland. In its H1 results on 6 August, Genel said interpretation of the 2018 2D seismic data together with continued basin analysis has led to the maturation of a prospects and leads inventory. “A number of potentially high impact exploration targets have been identified within play types directly analogous to the prolific Yemeni rift basins,” Genel said.

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