In This Section

Assets Overview

Region

Licence

Cost WI (%)

Revenue WI (%)(1)

Operator

Status

Iraq

Siba

60.00%

45.00%

Kuwait Energy

ADEP

Mansuriya

30.00%

22.50%

TPOC

ADEP

Block 9

60.00% 

60.00% 

Kuwait Energy

PAUA

Egypt

Area A

70.00%

70.00%

Kuwait Energy

PAEP

Abu Sennan

78.00%

50.00%

Kuwait Energy

PAEP

Burg El Arab

100.00%

100.00%

Kuwait Energy

PAEP

East Ras Qattara

49.50%

49.50%

Sipetrol

PAEP

Yemen

Block 5

15.00%

15.00%

Kuwait Energy

PAEP

Block 49

75.29%

64.00%

Kuwait Energy

EA

Oman

Karim Small Fields

15.00%

15.00%

Medco

PAEP

  1. Revenue working Interest is the percentage interest of the Company in the revenues derived from sale of production from an asset, before taking into account any taxes, fees, royalties or other payments.

Note: Assets Overview table as at 30 September 2015.

Definitions:

EA - Exploration Asset

PA - Producing Asset

PAEP - Producing Assets with Exploration Potential

ADEP - Awaiting Development with Exploration Potential

PAUA - Producing Asset Under Appraisal