Kuwait Energy reports record net profit of US$34.8 million for 2011, up 58.9% Shareholders approve 4.5 pence (Sterling) per share dividend

15 - May - 2012

Kuwait, May 15, 2012: Kuwait Energy plc, one of the fastest growing independent oil and gas companies in the Middle East, today announced its financial and operational results for the year 2011 during its annual meeting of shareholders. The Company recorded a record net profit of US$34.8 million in 2011, up 58.9% from 2010, a record year-end proven and probable reserves of 235.3 million barrels of oil equivalent (mmboe), up 382.5% from 2010, a record US$111.9 million in operating cash flow, up 30.7% from 2010, and a record high exit production by year-end of 17,733 barrel of oil equivalent per day (boepd), up 23% from 2010.

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Kuwait Energy reports record production and revenues in Q1 2012

19 - April - 2012

Kuwait, April 19, 2012 - Kuwait Energy, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, today issued its quarterly report for Q1 2012, reporting unaudited record revenues of US$65.8 million, up 58.9% from Q1 2011 and 44.3% from Q4 2011.

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Kuwait Energy makes new oil discovery in the Gulf of Suez area in Egypt

15 - April - 2012

Kuwait, April 15, 2012 – Kuwait Energy, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, operating Area A on behalf of the license holder Egyptian General Petroleum Corporation, today announced a new exploration success with their West Ahmad-1X oil well, located in Area A in the Gulf of Suez, Egypt, adjacent to the Shukheir North West Field.

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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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