Update on Merger Discussions with SOCO International plc

05 - March - 2018

Kuwait City, Kuwait – 5 March 2018: On 8 January 2018, Kuwait Energy plc ("Kuwait Energy") confirmed that it was in preliminary discussions with SOCO International plc ("SOCO") regarding a possible merger.

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Area-A (Egypt) Oil Discovery

13 - February - 2018

Kuwait City, Kuwait – 13 February 2018: Kuwait Energy is pleased to announce an oil discovery in the Area A concession situated in the Eastern Desert, Egypt

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Kuwait Energy Signs Block 9, Iraq Farm-out Agreement with Dragon Oil

12 - February - 2018

Kuwait City, Kuwait – 12 February 2018: Kuwait Energy plc (“Kuwait Energy”) is pleased to announce the signing of the Block 9, Iraq Farm-out Agreement with Dragon Oil (a wholly-owned subsidiary of Emirates National Oil Company Ltd, the national oil company of Dubai).

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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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