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Abu Sennan Overview

Located in the Abu Gharadig basin in the Western Desert,

Abu Sennan extends over an area of 733km

2

Kuwait Energy holds a 50% operated working interest,

following the farm out of 22% interest to Beach Petroleum in

2011

Five 20 year development leases granted to five producing

fields (Al-Ahmadi, Abu Sennan-1, Abu Sennan-2, Abu

Sennan-3, Abu Sennan-4), which contain mainly oil with

some associated gas

Development Lease expiries are between 2032 to 2035, with

an additional 5 year extension option

Current operational focus on increasing production levels

through development drilling, appraisal and exploration

activities

Asset Highlights

Location Map

31

Ownership Summary

Partner

Working Interest

Kuwait Energy (Operator)

Revenue 50% / Cost 78%

Dover

Revenue 28%

Beach Energy

Revenue 22%

Abu Sennan Concession

WD32 -1

GPZZ -2

170000

160000

150000

140000

GPSE -1

0

10 Km.

ABUSENNAN (DEV)

GPC

860000

870000

880000

890000

AbuGharadiq WD -9

GUPCO

WesternDesert33

GUPCO

EastAbuSennan

Tharwa

AbuElGharadiq

GUPCO

NE ABU EL GHARADIQ

S-B EAST

Shell EG

ALAM EL SHAWISH EAST

NGU

B. El Din

01 S

BAPETCO

NE ABU EL

GHARADIQ S-A

ShellEG

Abu Sennan Concession

900000

910000

850000

840000

180000

ABUELGHARADIQNE

ABUELGHARADIQ

ABUELGHARADIQ 2

WESTERNDESERT33

Oil Producer

Dry Wells

Al Jahraa-1

Hawalli -1X

Salwa -1X

ElSalmiya-1X

GPZZ -3

GPZZ -1

GPZ -1

ZZ -4X

AlAhmadi -1

Dev. Leases

ASA–ST2

Abu Sennan-2

Dev. Lease

Abu Sennan-1

Dev. Lease

Al Ahmadi

Dev. Lease

ElSalmiya-2

Abu Sennan-3

Dev. Lease

ASB-1X

Proposed Well Location

3D Seismic

ASC-1X

ASH-1