Kuwait Energy restructures ownership to prepare for listing in London, and a possible future listing in Kuwait

03 - August - 2011

Kuwait, August 3rd, 2011: Kuwait Energy Company (“Kuwait Energy” / “the Company”) announces the approval, at the Company’s Extraordinary General Meeting today of the restructuring of the Company’s ownership structure.

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Kuwait Energy reports second quarter 2011 activities Operating cash flow of USD29.7 million, up 40.8% from same period last year

27 - July - 2011

Kuwait, July 27, 2011 - Kuwait Energy Company (“Kuwait Energy”), one of the fastest growing independent oil and gas exploration and production companies in the Middle East, today issued its 2011 second quarter activity report announcing unaudited operating cash flow of USD29.7* million, a year-on-year rise of 40.8%

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Kuwait Energy reports net profit of US$22 million for 2010 and pays maiden, 5 fils per share, dividend

27 - June - 2011

Kuwait, June 27, 2011: Kuwait Energy Company, one of the fastest growing independent oil and gas companies in the Middle East, today announced financial and operational results for the year 2010 during its annual meeting of shareholders. The Company earned a net profit of US$21.9 million in 2010, up 291% from 2009, and US$85.6 million in operating cash flow, up 68% from 2009.

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Kuwait Energy announces two new oil discoveries in East Ras Qattara in Egypt

07 - June - 2011

Kuwait, June 7, 2011: Kuwait Energy Company (“Kuwait Energy”), one of the fastest growing independent oil and gas exploration and production companies in the Middle East, today announced two new oil discoveries in the East Ras Qattara (“ERQ”) concession located in Egypt’s Western Desert, bringing the company’s total number of discoveries in Egypt, since 2008, to 11.

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Kuwait Energy signs 20-year gas development contracts with Iraq for the development of the Siba and Mansuriya fields

05 - June - 2011

Kuwait, 5 June 2011: Kuwait Energy Company today signed two 20-year Gas Development and Production Service Contracts with the Iraqi Ministry of Oil for the Siba and Mansuriya fields. Both fields were won by Kuwait Energy and its partners during Iraq’s Third Petroleum Licensing Round in October 2010.

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