Genel Energy PLC (LON: GENL) shares surged 23% to 61.48p after the Kurdistan-focused oil producer rejected a £202 million takeover approach from Norwegian rival DNO.
Genel Energy PLC (LON: GENL) shares surged 23% to 61.48p after the Kurdistan-focused oil producer rejected a £202 million takeover approach from Norwegian rival DNO.
European natural gas prices have surged, continuing from last week, due to disruptions in Norwegian supplies to the UK and mainland Europe.
Genel Energy PLC (LSE:GENL, OTC:GEGYY) revealed that DNO, the Norwegian oil and gas operator, has partially resumed operations at the Tawke field.
Acquisition of offshore Ireland licence in proven gas play