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AbbreviaƟon DefiniƟon

MENA 

Middle East and North Africa 

Mmbbl 

Million barrels 

Mmboe 

Million barrels of oil equivalent 

Mmscfd 

Million metric standard cubic feet per day 

Mscf 

Thousand standard cubic feet 

OAR 

OperaƟonal AcƟvity Report 

OEC 

Oil ExploraƟon Company (Iraq’s Ministry of Oil seismic company) 

Q1 

First Quarter 

Q2 

Second Quarter 

Q3 

Third Quarter 

Q4 

Fourth Quarter 

OAR 

Quarterly AcƟvity Report 

RRR 

Reserves Replacement RaƟo 

Scf 

Standard cubic feet 

SOC 

South Oil Company (Iraq’s State Oil Company responsible for operaƟons in the South of Iraq) 

SOMO 

State Oil MarkeƟng Company (The Iraqi naƟonal company responsible for markeƟng Iraq’s oil) 

US$ 

United States Dollars 

WI 

Working Interest: a company’s interest in a project before reducƟon for royalƟes or producƟon share 

owed to others under the applicable fiscal terms 

YTD 

Year to Date 

Investor Affairs Department

Kuwait Energy plc

Tel: +965 25767700, Fax: +965 25767709 

Email:

 ir@kec.com.kw

 

Web:

www.kuwaitenergy.co

Kuwait Energy plc, Queensway House, Hilgrove Street, St Helier, Jersey, JE1 1ES, Channel Islands