12 / 37
1.2
1.4
1.4
1.5
1.9
2.0
2.0
5.0
5.5
5.5
6.0
6.2
7.0
7.5
WQ2 Majnoon Halfaya Gharraf
WQ1 Rumaila Zubair Qaiyarah Badra Akkas Najmah B9 Mansuriya Siba
Overview
Asset Images
o
Portfolio of three oil & gas blocks awarded in the
2011 and 2012 licensing rounds
o
Block 9 and Siba located in the Basra Province in
Southern Iraq, close to the Kuwaiti border
o
Kuwait Energy received 3 cargos from Iraqi
government since the start of production, with a
total amount of $70.3m that constitutes the
Company’s share
Service Fee Benchmark of Selected Iraqi Oil & Gas Fields ($/boe)
Operator:
Kuwait Energy Blocks
(1) Includes Mansuriya which is currently under administrative hold.
(2) Source: Petroleum Contracts and Licensing Directorate of the Iraqi Ministry of Oil.
(3) Nineveh Oil is the State Oil Company of the Nineveh province in Iraq.
Block 9
Siba
Nineveh
Oil
(3)
Nineveh
Oil
(3)
/
/
SOMO
11
Iraq Assets
(1)
(2)