6 / 49
18
20 22
173 170 167
671
818
2008 2009 2010 2011 2012 2013 2014 2015
Egypt
Iraq Yemen
Robust Corporate Strategy to Deliver Growth
Kuwait Energy’s Corporate Strategy
Focus on the MENA region
Proven hydrocarbon basins
Regional relationships and track record
Leverage local knowledge and expertise
Enhance operational effectiveness and reduce risk
Focus on operated assets
Flexibility and cost management
Growth
Conservative financial risk management
Strong balance sheet and cash flow position
Prudent financial strategy
Highest level of corporate governance
UKLA standards
Majority independent board
6
10
12 12
17
22
24 25
2008 2009 2010 2011 2012 2013 2014 2015
Consistently Growing 2P Reserve Base (mmboe)
(1)
(1) Oman reserve is not included due to service contract restrictions.
(2) Figures based on GCA reported number as at 31 December 2015.
1
2
3
4
5
6
Steady WI Production Growth (kboepd)
98% Oil