Map of Block 9
Kuwait Energy Assets
Region Licence Cost WI (%) Revenue WI
(%)
(1)
Operator
Status
IraqSiba
60.00%
45.00% Kuwait Energy
Awaiting development
with exploration
potential (ADEP)
Mansuriya
30.00%
22.50%
TPAO
ADEP
Block 9
70.00%
(2)
70.00%
(2)
Kuwait Energy
ADEP
EgyptArea A
70.00%
70.00% Kuwait Energy
Producing asset with
exploration potential
(PAEP)
Abu Sennan
78.00%
50.00% Kuwait Energy
PAEP
Burj El Arab
(BEA)
75.00%
75.00% Kuwait Energy
PAEP
East Ras
Qattara (ERQ)
49.50%
49.50%
Sipetrol
PAEP
YemenBlock 5
15.00%
15.00% Kuwait Energy
PAEP
Block 43
33.33%
28.33%
DNO
PAEP
Block 49
75.29%
64.00% Kuwait Energy Exploration asset (EA)
Block 82
25.00%
21.25%
Medco
EA
OmanKarim Small
Fields (KSF)
15.00%
15.00%
Medco
PAEP
PakistanJherruck
40.00%
40.00%
NHEPL
EA
Kunri
40.00%
40.00%
NHEPL
EA
Latvia
License 1-2004
(3)
50.00%
45.00%
SIA Balin
EA
License 1-2009
(3)
50.00%
45.00%
SIA Balin
EA
1. Revenue working interest is the percentage interest of the Group in the revenues derived from sale
of production from an asset, before taking into account any taxes, fees, royalties or other payments.
2. Pursuant to a farm-out arrangement entered into with EGPC for a 10% working interest share
in Block 9, Kuwait Energy’s cost working interest and revenue working interest in Block 9 will be
reduced to 60% upon the fulfilment of certain conditions precedent, including written approval from
the Iraqi government.
3. In the process of being relinquished.
Note: Kuwait Energy holds interests in Block 35 in Yemen and Block E in Cambodia, which are awaiting final
confirmations of relinquishment from the respective governments.
As at 31 December 2014
“In Iraq’s Siba and Block 9 fields, we
completed environmental impact studies that
allow us to develop projects that are socially
and environmentally sustainable.”
Mohamed Aboush
Deputy CEO
Monitoring the drilling operation of Faihaa-1X well