
March 10 (Reuters) - Genel Energy PLC GENL.L:
GENEL ENERGY : ENTER INTO BLOCK 54 EXPLORATION & PRODUCTION SHARING AGREEMENT IN SULTANATE OF OMAN FOR A 40% PARTICIPATING INTEREST
GENEL ENERGY: OVER NEXT 3 YEARS, CO & OQEP EXPECT TO INVEST ABOUT $25 MILLION GROSS IN DIRECT COSTS OVER EPSA INITIAL PHASE
GENEL ENERGY: WILL PROVIDE PARTIAL CARRY OF OQEP'S 60% PARTICIPATING INTEREST DURING INITIAL PHASE