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Genel Energy targeting 140,000bopd in Kurdistan

Julian Metherell, CFO of Genel Energy (LON:GENL), tells Proactiveinvestors that the oil pipeline in Kurdistan, taking production directly to the Mediterranean, will enable Genel to take the 2012 production level of 44,500bopd to 140,000bopd in 2014. At a cost of just $2-3 per barrel, Julian says that Kurdistan is one of the last great onshore provinces.

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