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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Kuwait Energy reports first quarter 2011 activities First Quarter Operating Cash Flow of USD22.2 million, up 15% from same period last year

11 - May - 2011

Kuwait, May 11, 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 first quarter activities report announcing unaudited operating cash flow of USD22.2 million.

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Kuwait Energy and Gulf Studies Center hold seminar on Kuwait-Iraq economic relations

27 - April - 2011

Kuwait, 27 April 2011: Kuwait Energy Company and the American University of Kuwait (AUK)’s Gulf Studies Center today held a seminar on Kuwait-Iraq relations titled “Kuwait and Iraq together towards a bright future”. Prominent business leaders from both Kuwait and Iraq took part in the seminar held in Safir Hotel in Kuwait City.

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