The company is listed on the London Stock Exchange.
The company owns rights in three productions sharing contracts in the KRI, including interests in the Taq Taq, Sarta, and Tawke licences.
[2] Genel Energy was created in 2011 as a result of the reverse acquisition of Turkish Genel Enerji by Tony Hayward-led investment company Vallares.
[3] Vallares was set up by Tony Hayward, financier Nathaniel Rothschild and banker Julian Metherell.
In 2009, Genel Enerji planned to merge with Heritage Oil; the deal subsequently collapsed.