▁in ▁both . ▁Gen el ▁extended ▁its ▁presence ▁in ▁November ▁ 2 0 1 2 ▁with ▁the ▁ac quisition ▁of ▁ 5 0 % ▁particip ating ▁interest ▁in ▁the ▁O de way ne ▁Production ▁Sh aring ▁Ag re ement ▁which ▁covers ▁blocks ▁SL - 6 , ▁SL - 7 , ▁SL - 1 0 A . ▁ ▁On sh ore ▁Som al il and ▁is ▁a ▁relatively ▁un expl ored ▁region , ▁with ▁few ▁expl oration ▁well s ▁d ril led . ▁The ▁total ▁size ▁of ▁the ▁blocks ▁is ▁approximately ▁equivalent ▁to ▁the ▁entire ▁Kur dist an ▁Region ▁of ▁Ira q . ▁ ▁Gen el ▁took ▁the ▁opportunity ▁because ▁of ▁encourag ing ▁indic ations ▁including ▁on sh ore ▁oil ▁see ps ▁and ▁existing ▁ge ological ▁data ▁showing ▁fav ou rable ▁conditions ▁for ▁hydro car b ons ▁to ▁have ▁accum ulated ▁in ▁numerous ▁large ▁t ilt ed ▁fault ▁blocks ▁and ▁sub - bas ins . ▁In ▁addition , ▁the ▁bas ins ▁of ▁Som al il and ▁were ▁cont igu ous ▁to ▁Y emen ▁prior ▁to ▁the ▁opening ▁of ▁the ▁G ulf ▁of ▁A den ▁in ▁the ▁O lig oc ene - M i oc ene ▁- ▁similar ▁sed iment ary ▁sequences ▁and ▁struct ural ▁styles ▁are ▁expected ▁in ▁Som al il and . ▁ ▁The ▁min istry ▁are ▁target ing ▁resources ▁of ▁over ▁ ▁in ▁blocks ▁SL - 1 0 B ▁and ▁SL - 1 3 . ▁The ▁O de way ne ▁block ▁has ▁a ▁similar ▁resource ▁potential ▁to ▁this , ▁target ing ▁in