Kuwait Energy Receives Third Cargo from Block 9, Iraq

08 - October - 2017

Kuwait City, Kuwait – October 8, 2017: Kuwait Energy plc (“Kuwait Energy”) has announced it has received its third cargo allocation from Iraq covering its Block 9 oil production for the first half of 2017 as part of the Export Oil Sales Agreement signed in March 2016 with State Oil Marketing Company (SOMO); the Iraqi national company responsible for marketing Iraq’s oil.

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KUWAIT ENERGY RECEIVES OFFICIAL APPROVAL ON FARM-OUT AGREEMENT WITH GLOBALCONNECT FOR ABU SENNAN, EGYPT

04 - October - 2017

Kuwait City, Kuwait – 4 October 2017: Kuwait Energy plc (“Kuwait Energy”) has announced the official acquirement of government and pre-emption approvals on its Farm-Out Agreement (FOA) signed on 15 December 2016 for 25% participating interest from its shares in the Abu Sennan concession in Egypt to GlobalConnect Ltd. (“GlobalConnect”).

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Block 9, Iraq: Faihaa-3 well commences oil production

28 - February - 2017

Block 9, Iraq: Faihaa-3 well commences oil production Kuwait City, Kuwait – 29 February 2017: Kuwait Energy is pleased to announce the commencement of oil production from the Faihaa-3 well located in the Block 9 concession situated in the Basra Governorate, in Southern Iraq.

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Kuwait Energy signs Farm-Out Agreement with Global Connect Limited for Abu Sennan, Egypt

17 - January - 2017

Kuwait City, Kuwait – 17 January 2017: Kuwait Energy plc (“Kuwait Energy”) is pleased to announce the signing of a Farm-Out Agreement (FOA) for 25% participating interest in the Abu Sennan concession from its share, to Global Connect Limited (“Global Connect”); a recently established E&P Company with a focus on MENA region. The FOA was signed in Egypt on Thursday 15 December 2016 and it is effective as of 31 December 2016. The agreement remains subject to government and pre-emption approvals.

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Kuwait Energy Signs US$100 million Financing Facility with Vitol

28 - December - 2016

Kuwait City, Kuwait – 22 December 2016: Kuwait Energy plc (“Kuwait Energy”), signed a forward sale agreement with Vitol on Tuesday 13 December 2016. The agreement provides a financing facility for up to US$100 million.

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