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810
744
711
462
368
353
304
203
161
52
44
33
Kuwait
Energy
Lundin
Aker BP
Seplat
DNO
Premier
Tullow
Maurel &
Prom
Genel
Energy
Cairn
Ophir
SOCO
2P WI Reserves (mmboe)
Strategy for Sustainable Growth
Striving to deliver diversified, cost effective and low risk growth
Focus on the MENA region
o
Proven, prolific hydrocarbon basins, low cost
operations
o
Regional relationships and track record
Leverage local knowledge and expertise
o
Regional champion; access to new opportunities
o
Enhance operational effectiveness and reduce risk
Emphasis on production & development
over exploration
o
Majority operated assets
o
Flexibility and cost management
Prudent financial strategy
o
Established risk management function
o
Shareholder focused financial policy
Largest 2P Reserves Amongst Peers
Source: Peers’ reserves based on 2016 YE 2P figures as disclosed by the companies; Kuwait Energy figures based on Operational Activity Report for YTD June 2017, excludes Oman reserves due to service contract
restrictions. Kuwait Energy 2P reserves are presented on a WI basis.
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