Q2 2016

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Investor Affairs Department
Kuwait Energy Plc
Tel: +965 25767700, Fax: +965 25767709
Email:
Web
Kuwait Energy plc, Queensway House, Hilgrove Street, St Helier, Jersey, JE1 1ES, Channel Islands
Mbbl Million barrels
Mmboe Million barrels of oil equivalent
Mmscfd Million metric standard cubic feet per day
Mscf Thousand standard cubic feet
OEC Oil Exploration Company (Iraq’s Ministry of Oil seismic company)
Q1 First Quarter
Q2 Second Quarter
Q3 Third Quarter
Q4 Fourth Quarter
RRR Reserves Replacement Ratio
Scf Standard cubic feet
SOC
South Oil Company (Iraq’s State Oil Company responsible for operations in
the South of Iraq)
SOMO
State Oil Marketing Company (The Iraqi national company responsible for
marketing Iraq’s oil)
US$ United States Dollars
WI
Working Interest: a company’s interest in a project before reduction for
royalties or production share owed to others under the applicable fiscal
terms
YE Year-End