Genel Energy was created in 2011 as a result of the reverse acquisition of Turkish Genel Enerji by Tony Hayward led investment company Vallares.[1] Vallares was set up by Tony Hayward, financier Nat Rothschild and banker Julian Metherell.[1] Genel Enerji was controlled by Mehmet Emin Karamehmet through Çukurova Group (56%) and Mehmet Sepil's family (44%). In 2009, Genel Enerji planned merger with Heritage Oil; however, the deal subsequently collapsed.[3]
[source : Genel Energy, Wikipedia, https://en.wikipedia.org/wiki/Genel_Energy, 4th September 2013]
Nat Rothschild is Non Executive Director.
Their interests in Somalia are at http://www.genelenergy.com/operations/somaliland.aspx
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