Genel Interview: Deal is done - 15 days morehttps://www.iii.co.uk/articles/31164/view-top-genel-energy-interview
We were very fortunate to get into Kurdistan before Exxon. If we had waited another six weeks then we would have seen Exxon re-rate the region. I sit there and wonder if we would have been able to pull off our deal had we been six weeks later.
That doesn't mean that we don't see smaller opportunities there - we bought out Petoil and Longford and we are looking at other smaller opportunities there now. But as we sit here today, the next big deal is very likely to be in the Middle East or Africa. That also gives us the benefit of not having all our eggs in one basket.