Genel Energy Exits Adigala block onshore Ethiopia
Genel Energy has announced that after a review of license potential, it has decided to exit its 44% working interest in the Adigala block onshore Ethiopia. According to Genel Energy the Adigala block which lies close to Somaliland, and was thought to be geologically analogous to the prolific producing Jurassic Rift Basins of Yemen. The explorer had earlier announced that a drill or drop decision would be reached in the first quarter of 2016 as it continued further processing