Annual General Meeting 2012 Annual Results 2012 21 April 2013 Sara Akbar CEO
Content 2012 Highlights 2012 Continuous Growth Operational Highlights Five Year Performance Trends Financial Highlights 2013 Outlook 2013 1
2012 Highlights 2012 The awarding of Block 9 in Iraq Acquisition of Block 5 in Yemen The awarding of 2 exploration contracts in Afghanistan Exploration success in Egypt : Access to Capital : 150 Abraaj Capital US150…
Continuous Growth Net Profit WI Production Employees 762 17,966 20,000 800 44.9 50 13,258 13,624 499 34.8 15,000 600 469 40 employees boepd US Million 30 21.9 10,000 400 20 10 5,000 200 0 0 2010 2011 2012…
Operational Highlights Safe Operations One Recordable* - * Health, Safety, and Environment incident on Kuwait Energy operated assets - Reserves Proven plus Probable WI 221.6 reserves of 221.6 mmboe audited by GCA…
Five Year Performance Trend Daily Average WI Production boepd Proven + Probable WI Reserves mmboe Operatorship (E&P) Leases ) ) - ) ( 20,000 ( 17,966 ( 19 19 235 20 18 250 222 17 15,000 13,258 13,624 14 11,499 200 15 10,000…
Financial Highlights US million FY 2012 FT 2011 Sales Revenue 225.3 178.9 Operating Cashflow 148.2 111.9 Net Profit 44.9 34.8 Earnings Per Share (EPS US 14.1 11.1 ) ( )Cents Total Assets 998.0 884.1 Debt 143.2 53.0…
2013 Outlook 2013 Focus on continuing good HSSE performance Continued growth with focus on MENA region Drilling first exploration wells in Iraq Block 9 and offshore Latvia Drill 12 exploration and 56 development…
Thank you 8
Glossary & Definitions BOE/boe: Barrels of oil equivalent; A BOE conversion ratio of 6 Mcf: 1 boe MENA: Middle East & North Africa is based on an energy equivalency conversion method primarily applicable at the burner tip and does not…
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