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Solid Reserves Base and Resources with

Mostly Operated Positions

Kuwait Energy’s Asset Portfolio Overview

Iraq

96%

Egypt

4%

Yemen

0%

83% oil

Iraq

96%

Egypt

2%

Yemen

2%

85% oil

Egypt

84%

Yemen

4%

Oman

10%

Iraq

2%

98% oil

Country

Assets

Status

2P (mmboe)

(2)

2C (mmboe)

(2)

WI Production (boepd)

(1)

2015

Q1 2016

Iraq

Block 9*, Siba*,

Mansuriya

Producing, Development, Appraisal,

Exploration

783

906

549

(4)

3,396

Egypt

Burg El Arab*, Area A*

Abu Sennan*, ERQ

Producing, Exploration

31

18

20,942

19,809

Yemen

Block 5*, Block 49*

Producing, Exploration

4

18

976

(3)

Oman

(3)

KSF

Producing

2,533

2,541

Total

818

942

25,000

25,747

Note: * denotes Kuwait Energy operatorship.

(1) 2015 average daily working interest production.

(2) Figures based on GCA reported number as at 31 December 2015. Oman reserves not included due to service contract restrictions.

(3) Includes production from Block 43 which Kuwait Energy has withdrawn from, effective 30 June 2015.

(4) As of October 2015, Block 9, Iraq commenced production from Faihaa-1 well at the rate of 5,000 bpd on 32/64 inch choke.

Production 25 kboepd

(1)

2P WI Reserves 818 mmboe

(2)(3)

2C WI Resources 942 mmboe

(2)(3)

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