Source - SMW
Genel Energy  notes the announcement from DNO ASA, as operator of the Tawke field, that the Tawke field partners have received a payment of $37.40 million from the Kurdistan Regional Government for oil sales during July 2016.  

 The payment reflects full settlement of the invoiced amount for July 2016 oil sales, and includes $31.37 million toward the monthly entitlement and $6.03 million towards recovery of historical receivables.   

The payments will be shared pro-rata by DNO and Genel.


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Genel Energy (GENL)

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