- Finally, there is Somaliland, which John Hurst, the company’s head of exploration, believes is Genel’s most exciting asset. It owns 40,000 square kilometres prospective for oil and is targeting a resource of 1bn barrels unrisked from licences SL-10B and SL-13.
“We believe Somaliland is in the same Cretaceous rift as Yemen, which has around seven billion barrels recoverable [reserves],” said Metherell. “There are oil shows all across the acreage and the potential for some very, very material finds;
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http://www.proactiveinvestors.co.uk/companies/news/56068/genel-energy-eyes-transformational-changes-in-kurdistan-56068.html
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