At the Wellhead

摘要

Back at the start of the year, the CEO of Turkey's Genel Energy made a prophetic announcement concerning its operations in the northern Iraqi region of Kurdistan. "If Genel Energy is lucky enough," said Mehmet Sepil, "it will soon be one of the most significant companies of the region, not only by oil reserves but also by gas reserves." It is now en route to becoming what it hoped after a multi-billion dollar deal and a listing on the London Stock Exchange as the result of a merger with Vallares, the investment vehicle led by ex-BP CEO Tony Hayward.