Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Genel Energy (GENL) may be operating in riskier parts of the world but this oil and gas exploration and production company has massive potential. The Anglo-Turkish outfit is headed up by former BP CEO Tony Hayward, and has just announced that it has issued $500 million senior unsecured bonds at a coupon of 7.5% - an increase of $100 million on the original offer – and is expected to complete this by May 14.
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