A story of success in the Kurdistan Region of Iraq August 2009 January 2010 March 2010 Gulf Keystones Report on the Bijell-1, first first exploration Shaikan-1 exploration well well Shaikan-1 discovery well by on the Akri-Bijeel…
From agreements to multiple discoveries Summer 2010 October 2010 January 2011 April 2011 June 2011 August 2011 September 2011 3D seismic data Shaikan Ryder Scott Major upgrade of Oil exports Dynamic Global Gulf Keystones acquired for…
Discovery of double-digit resources Gross oil-in-place volumes (billion barrels) 45 billion barrels Asset Report Date P90 Mean P10 Estimated oil reserves in the Shaikan DGA January 2010 1.89 4.18 7.42 Kurdistan Region of Iraq Ryder…
Shaikan: a giant multi-billion barrel discovery 16 Billion barrels of gross oil-in-place 14 Greater London 12 10 P10 P50 8 P90 6 4 2 0 Jan 10 Jan 11 Apr 11 Nov 11 Date of report Shaikan: evolution of the…
Resources comparable with major Middle East fields Billion barrels 100 Estimated reserves of oil (logarithmic Kirkuk estimated remaining reserves Scale) Shaikan resources based on November 2011 DGA P50 gross OIP estimate of 10.5…
Shaikan: from resources to development and production Indicative scenario of a gross 400,000 b/d projection by 2020 Gross 450 Production 200,000 barrels per day (000 b/d) 400 Forecast overall production capacity in the Kurdistan…
Forward Strategy 4Q 2011 2012 2013+ Shaikan-2 testing Complete and submit the Shaikan-6 to spud Shaikan-4 drilling Shaikan Field Development Shaikan-7 to target the Permian Plan Shaikan-5 spudded Upgrade the Shaikan Extended…
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