Kuwait Energy
EL-12-211107
2
FIGURE 0.1
LOCATION OF KE ASSETS
BASIS OF OPINION
This document must be considered in its entirety and is conditional upon the assumptions
described herein. It reflects GCA’s informed professional judgment based on accepted
standards of professional investigation for such work and, as applicable, the data and
information provided by KE and/or obtained from other sources (e.g. the public domain),
the limited scope of engagement, and the time permitted to conduct the evaluation
In line with those accepted standards, this document does not in any way constitute or
make a guarantee or prediction of results, and no warranty is implied or expressed that
actual outcome will conform to the outcomes presented herein. GCA has not
independently verified any information provided by or at the direction of KE and/or
obtained from other sources, and has accepted the accuracy and completeness of these
data. GCA has no reason to believe that any material facts have been withheld from it,
but does not warrant that its inquiries have revealed all of the matters that a more
extensive examination might otherwise disclose.
The opinions expressed herein are subject to and fully qualified by the generally accepted
uncertainties associated with the interpretation of geoscience and engineering data and
do not reflect the totality of circumstances, scenarios and information that could
potentially affect decisions made by the report’s recipients and/or actual results. The
opinions and statements contained in this report are made in good faith and in the belief
that such opinions and statements are representative of prevailing physical and economic
circumstances.
This assessment has been conducted within the context of GCA’s understanding of the
effects of petroleum legislation and other regulations that currently apply to these
Mediterranean Sea
Red Sea
Arabian Sea
0
1,000
kilometres
Legend:
Countries with
KE Assets
KE Head Office
Iraq
Egypt
Yemen
Oman
Pakistan
Source: Deloitte
