9
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.coKuwait Energy plc, Queensway House, Hilgrove Street, St Helier, Jersey, JE1 1ES, Channel Islands