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Kuwait Energy at a Glance
5
Overview
(1) Figures based on GCA reported number as at 31 December 2015
Established in 2005, Kuwait Energy is a privately owned
leading MENA independent oil & gas company
High quality portfolio of upstream assets, mostly
operated by Kuwait Energy
1H 2016 average daily working interest production of 25
kboepd (98% oil), reported 2P reserves of 818 mmboe
(1)
and 2C resources of 942 mmboe as at 31 December
2015
(1)
Kuwait Energy operated Block 9 discovery to drive
significant growth in reserves and production in the
future
Well funded with cash balance of $54.5m at 30 June 2016
and continuing cash flow generation from producing
assets
Experienced management team with long history
operating and investing in the MENA region
Diversified shareholder base of regional and US investors,
including the IFC
Kuwait Energy MENA Portfolio
BEA ERQ
Area A
Abu
Sennan
Block 9
Siba
Block 49
KSF
Mansuriya
Block 5
Production
Development
Exploration