Genel Energy warns of lower-end 2016 revenue after weak oil output

By Karolin Schaps LONDON (Reuters) - Genel Energy , one of the main oil producers in Iraqi Kurdistan, warned on Wednesday that full-year revenue would be at the lower end of its target because of weaker than expected production, sending its shares to a seven-month low. Production at Genel's main oil asset, the Taq Taq field that has reserves of more than 170 million barrels, fell in the third quarter to 58,600 barrels per day (bpd), against 68,800 bpd in the first half of the year, as output fro