Abraaj Capital and Kuwait Energy Sign Strategic Investment Agreement

10 - April - 2012

Dubai, UAE, April 10, 2012: Abraaj Capital, a leading private equity manager investing in high growth markets, and Kuwait Energy, one of the fastest growing independent upstream oil and gas exploration and production companies in the Middle East, today announced an Agreement in which Abraaj Capital’s APEF IV Fund would support a strategic investment in Kuwait Energy. Abraaj Capital’s investment, through APEF IV, will enable Kuwait Energy’s ongoing growth and development plans and facilitate its emergence as a regional independent exploration and production (E&P) pioneer with world-class expertise.

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Kuwait Energy makes new oil discovery in Abu Sennan concession in Western Desert, Egypt El Salmiya-1 tests at a cumulative rate of 5,600 boepd

03 - March - 2012

Kuwait, March 03, 2012 - Kuwait Energy plc and their main partner, the Egyptian General Petroleum Corporation (EGPC), today announced a new oil discovery, the El Salmiya-1 well, in the Abu Sennan concession located in the Western Desert in Egypt

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Kuwait Energy increases Shahd SE well production levels after appraisal well drilling reveals larger reservoirs

21 - February - 2012

Kuwait, February 21, 2012 - Kuwait Energy plc, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, with their main partner, the Egyptian General Petroleum Corporation (EGPC), announced a significant increase in production from the Shahd SE field located in the East Ras Qattara concession in the Western Desert in Egypt following the successful drilling of the appraisal well Shahd SE-5, which revealed a larger oil reservoir than were shown in the original discovery well, Shahad SE-2.

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Kuwait Energy makes a new well discovery in the Western Desert in Egypt

08 - February - 2012

Kuwait, February 08, 2012 - Kuwait Energy plc, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, today announced that it has made an oil well discovery in the Western Desert in Egypt. The new well is named Al Jahraa-1X and is located in the Abu Sennan exploration concession where Kuwait Energy is the operator and holds a 50% working interest.

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Kuwait Energy Reports Record Quarterly Revenues of US$50.4 Million for Q4 2011

25 - January - 2012

Kuwait, January 25, 2012 - Kuwait Energy plc, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, today issued its quarterly report for Q4 2011, reporting unaudited record revenues of US$50.4 million, up 26.9% from Q4 2010 and up 5.2% from Q3 2011.

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