Kuwait, August 15, 2012 - Kuwait Energy (“the Company”), one of the fastest growing independent oil and gas exploration and production companies in the Middle East, and its main partner in Egypt, the Egyptian General Petroleum Corporation, announce that they have begun production of oil and gas condensate in four wells within the Abu Sennan concession. The announcement follows successful exploration activities over the last eight months. The Abu Sennan concession is located in the Western Desert in Egypt.

Kuwait, August 1, 2012 - Kuwait Energy, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, announces an update on its financial and operational activities during the second quarter.

Iraq, July 16, 2012: The Iraqi Ministry of Oil and Tender Committee and the Kuwait Energy-led consortium today initialed the exploration, development and production service contract for “block 9” located in the Basra province, the first step in a customary process before the Iraqi Council of Ministers and the consortium members sign the final contract, on a date to be announced later in the year.

Kuwait, June 7, 2012 - Kuwait Energy, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, today announced that it has hosted a delegation of officials from Libyan national oil companies for a full day workshop to provide them with insights and guidance in ways to rebuild the Libyan energy industry.

Kuwait, May 30, 2012: Kuwait Energy, one of the fastest growing independent oil and gas companies in the Middle East, announced today that a consortium led by the company was awarded today the exploration and development contract of “block 9” in Basra, Iraq. The announcement was made by the Iraqi Ministry of Oil and tender committee during the country’s fourth energy bidding round, which awarded exploration and development contracts for 12 blocks with hydrocarbons prospects.