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World class giant oil field discovery with early
production achieved in October 2015
Expected to ramp-up to 20kboepd by
2017
Largest oil discovery in Iraq in the last 10 years
(1)
Adjacent to super giant oil fields, largely de-
risked and near existing infrastructure
3 existing giant oil fields potentially intersect
with Block 9 – only one field assessed so far
Remuneration fee independent of oil price
(1) Source: Wood Mackenzie.
(2) Figures based on GCA reported number as at 31 December 2015.
Block 9 – Largest Discovery in Iraq in the
Last 10 Years
Location Map
Overview
Block 9 WI Reserves and Resources (mmboe)
(2)
671
871
1,542
2P
2C
2P + 2C Additional
Upside
10
Block 9 First Production