Since establishment in 2005, Kuwait Energy has built a diversified,
majority operated asset portfolio
(2)
Focused on proven oil regions in MENA
Established track record; recognised by governments and peers as a
trusted and capable partner
Shareholder focused and prudent financial policy
Production and Development Focused
Leading E&P Company
Diversified Asset Portfolio
(1)
Company Highlights
10
Assets across four countries,
seven operated
(2)
818
mmboe
2P reserves, 83% oil
942
mmboe
2C resources, 85% oil
24.6
kboepd
2016 average production
(1)
25.7
kboepd
2016 exit production
(1)
Source: Company filings, GCA report.
Note: Reserves and resources figures based on GCA report as at 31 December 2015, prior to Siba and Abu Sennan farm-out and excludes Oman Karim Small Fields reserves due to service contract restrictions.
(1) Block 5 and Block 49 currently not producing; Mansuriya currently under administrative hold. (2) Operated by either Kuwait Energy or subsidiaries of Kuwait Energy; this applies to the definition of operatorship
throughout this presentation. (3) Estimated liquidity headroom includes $27m cash balance at 30 September 2016 and $100 Vitol facility (signed in December 2016) of which $40m has been drawn down.
$127m
Estimated liquidity headroom
(3)
BEA ERQ
Area A
Abu
Sennan
Block 9
Block 49
KSF
Siba
Mansuriya
Block 5
Kuwait
Iraq
Egypt
Yemen
Oman
Exploration
Development
Production
3