Bond Offering Memorandum 23 July 2014 - page 402

Kuwait Energy
EL-12-211107
Historic production and operating costs (OPEX) for the past three years are presented in
this Appendix for each field or license area, as appropriate. Production and costs are
shown gross (i.e. 100% of the totals for the asset). G&A costs are not included in the
reported OPEX.
Note that there has been no production or significant operating expenditure over the past
three years at Siba (Iraq) and Mansuriya (Iraq), or at any of the licenses to which only
Contingent Resources are attributed, i.e. Block 49 (Yemen), Block 9 (Iraq) and Jherruck
(Pakistan).
TABLE AIV.1
BEA, EGYPT
Year
Gross Field Production
Gross Field
OPEX
(US$ MM)
Oil
(MMBbl)
Condensate
(MMBbl)
Gas
(Bscf)
2011
0.164
-
-
1.6
2012
0.507
-
-
4.4
2013
0.404
-
-
3.9
TABLE AIV.2
ABU SENNAN, EGYPT
Year
Gross Field Production
Gross Field
OPEX
(US$ MM)
Oil
(MMBbl)
Condensate
(MMBbl)
Gas
(Bscf)
2011
-
-
-
-
2012
0.138
-
-
1.4
2013
0.273
-
-
3.2
Note:
1.
There was no production at Abu Sennan prior to 2012.
TABLE AIV.3
ERQ, EGYPT
Year
Gross Field Production
Gross Field
OPEX
(US$ MM)
Oil
(MMBbl)
Condensate
(MMBbl)
Gas
(Bscf)
2011
2.802
-
-
24.4
2012
4.797
-
-
27.7
2013
6.332
-
-
35.6
1...,392,393,394,395,396,397,398,399,400,401 403,404,405,406,407,408,409,410,412-413,414,...567
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