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2015 Key Highlights

3

2015

Signed a Consultancy Services Contract for Integrated Enhanced Oil Recovery for Kuwait Oil

Company with Surtek Inc. (March 2015)

Commencement of gas production post gas plant completion in Abu Sennan, Egypt (April 2015)

Finalized a 25 years contract extension of Karim Small Fields, Oman (April 2015)

Discovery of hydrocarbons in the Alam El Bueib Formation in Abu Sennan, Egypt (April 2015)

Acquired an additional 25% working interest in Burg El Arab, Egypt (

June

2015)

Farm-out of 10% WI in Block 9, Iraq to the Egyptian General Petroleum Corporation (EGPC)

(September 2015)

Commencement of oil production from Faihaa-1 well in Block 9, Iraq (October 2015)