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Location Map
o
Four producing assets, three of which are operated by
Kuwait Energy, with focus on infill drilling
o
Track record of production growth and cash flow
generation
o
Plan for water injection to maintain pressure and
achieve higher recovery in three fields
o
Exploration potential across all Kuwait Energy fields
o
Significant benefits from the strategic partnership with
EGPC
Kuwait Energy Licence Blocks
Source: Company filing, GCA report. Totals may not exactly equal the sum of the individual entries due to rounding. *Denotes Group operatorship.
(1) Figures based on GCA reported number as at 31 December 2016. (2) 2016 production figures based on GCA report; 2017 production figures based on YE results. (4) Abu Sennan figure reflective
of 25% farm-out to GlobalConnect
Field
Revenue Working
Interest
2P WI Reserves
(mmboe)
(1)
2C WI Resources
(mmboe)
(1)
WI Production (boepd)
(2)
2016
2017
ERQ
49.5%
7
2
9,843
8,081
Area A*
70.0%
12
2
5,055
4,654
Burg EI Arab*
100.0%
6
14
1,363
1,257
Abu Sennan*
25.0%
3
-
1,772
867
Total
27
18
18,033
14,859
Asset Details
20
Egypt Assets Overview
Highlights
(4)