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East Ras Qattara (ERQ) & Area A

East Ras Qattara (ERQ) Highlights

Area A Highlights

22

Source: Company filing.

Shebl DV

Shebl East

Rana DV

RANA SE

Al Zahraa DV

Nea G 5E

Nea G C5

Shahd SE DV

Ghard DV

Shukheir Bay

Kheir

Shukheir NW

Ras Gharib Terminal

Ayun

Kareem

Ummel Yusr

Shukheir

Oil Field

Oil Field

Gas Field

Located in the Western Desert around 120 km west of

Cairo

Kuwait Energy holds 49.5% non-operating interest

Total of 9 discoveries made and has been producing

since 2008

Produced crude is processed at a General Petroleum

Company (GPC) processing centre (88 km away) and

limited facilities have been installed on the fields to

date

Located in the Eastern Desert operated by Kuwait

Energy operated (70% WI)

Potential to obtain gas rights as gas reserves are

present on the asset

The Area A crude is treated at on-site facilities and

subsequently exported via GPC’s Ras Shukheir oil

terminal

Ongoing water flooding program and gas resource

potential in the area currently untapped