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Elections to Participate in Proposed Operations are Non-Revocable

The Energy Law

The Court reached this holding based on the wording of the applicable JOAs, which were both based on the American Association of Petroleum Landmen Model Form Operating Agreement 610-1982. Smith”) was the operator of the Bloomberg oil and gas lease, whose operations were governed by two JOAs. Smith Production Inc.,

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Oman Signs EPSA with OQEP, Genel Energy to Boost Hydrocarbons in Block 54

Egypt Oil & Gas

Under the terms of the agreement, OQEP will hold a 60% operating interest in Block 54, while Genel Energy will retain the remaining 40% as a non-operating partner. Genel stated that it will provide a partial carry of OQEPs 60% participating interest during the Initial Phase.

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DNO reports "Stellar Production" in Iraqi Kurdistan

Iraq Business News: Oil & Gas

DNO ASA , the Norwegian oil and gas operator, today reported 2024 revenues of USD 667 million on the back of what it described as " stellar production " in the Kurdistan region of Iraq. Operational Overview Production decline in Q4 attributed to truck transport disruptions in October. Genel Energy International: 25% interest.