Company Overview
2
Focused on proven oil regions in MENA
Diversified Asset Portfolio
(1)
o
Since establishment in 2005, Kuwait Energy has built a
diversified, majority operated asset portfolio
(2)
o
Established track record; recognised by governments
and peers as a trusted and capable partner
o
Shareholder focused and prudent financial policy
BEA
ERQ
Area A
Abu
Sennan
Block 9
Block 49
KSF
Siba
Mansuriya
Block 5
Kuwait
Iraq
Egypt
Yemen
Oman
Exploration
Development
Production
Company Highlights
10
Assets across four countries,
seven operated
(2)
810
mmboe
2P WI reserves, 85% liquids
1,040
mmboe
26.8
kboepd
YE 2017 average WI production
(1)
(3)
(3)
2C WI resources, 86% liquids
Source: Company filings, GCA report.
Note: Reserves and resources figures based on GCA report as at 31 December 2016, excludes Oman reserves due to service contract restrictions. Totals may not equal the sum of individual entries due to rounding.
(1) Block 5 and Block 49 currently not producing; Mansuriya currently under administrative hold. (2) Operated by either Kuwait Energy or subsidiaries of Kuwait Energy; this applies to the definition of operatorship
throughout this presentation. (3) Throughout the presentation, gas reserves/resources recorded in standard cubic feet are converted to barrels of oil equivalent using a conversion factor of 5 for Abu Sennan and 6 for
all other assets.