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5

Exploration

No exploration wells spud in Q3 2015.

The following table summarizes the exploration drilling activities for 2015:

Country

Basin/

Area

Well Name

Cost Interest

Well Status at end Q3 2015

2014 Carry-over wells

Egypt

Abu

Sennan

ASH-1X

78%

Tested successfully Alam

AlBuieb reservoir with rates

2,755 bopd and 2.7 MMscf

of gas on 64’’ choke; current

rate 170 bopd.

Iraq

Block 9

Faihaa-1

60%

Mishrif ~3,600 bopd at

64/64’’ choke, Yamama

~8800 bopd at 64/64”

choke.

Q1 2015

Egypt

Area A

EY-3X

70%

Dry hole.

Q2 & Q3 2015

No Exploration wells spud.

Total (2015 wells spud)

1