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Looking Forward

12

Pursue listing or creating liquidity event for shareholders

Pursue strategic investor(s)

Explore innovative financing arrangements for work programs

Monitoring oil price movements and adjusting work plans and capital expenditure accordingly

Focusing on project execution in Iraq

Completion of Siba gas plant with first production expected in 2H 2016

Accelerate the development of Block 9

Monitoring security situation in Yemen to resume operations

Balance Kuwait Energy portfolio