Company name Kuwait Energy PLC
Headline Results for EGM held on 13 December 2017

RNS Number : 2700Z
Kuwait Energy PLC
13 December 2017

Kuwait Energy plc


Company Announcement - Results of Extraordinary General Meeting


Kuwait City, Kuwait - 13 December 2017: Kuwait Energy plc (the "Company"), an independent oil and gas company, held its Extraordinary General Meeting (EGM) earlier today; Wednesday 13 December 2017 at 12:00 pm at the Symphony Style Hotel, Salmiya in Kuwait, and announces that all the proposed resolutions were approved. Voting on all resolutions was by a way of a poll.


It should be noted that resolutions 6 to 10 were not proposed at the EGM due to the resignation of all the relevant directors in advance of the meeting.


The full text of all the resolutions was set out in the Notice of EGM circulated to shareholders on 25 November 2017, a copy of which is available on the Kuwait Energy website here.


The Board of Kuwait Energy welcomes the six newly appointed directors and is keen to work together for the best interest of all shareholders. The newly constituted Board now comprises 10 directors.




Contact Details:


Hussain Al Mosawy

Tel: +965 2576 7722

Vice President - Strategic Corporate Affairs



Notes to Editors:


Kuwait Energy is an independent oil and gas company actively engaged in the exploration, appraisal, development and production of hydrocarbons across the MENA region. Since Kuwait Energy's establishment in 2005, the company has built up a diversified, majority operated asset portfolio. The company's current portfolio consists of ten oil and gas assets across Egypt, Iraq, Yemen and Oman of which it operates seven.


Kuwait Energy has a proven record of working in the MENA region and is recognised by governments, peers and local communities as a trusted and capable partner. Kuwait Energy's audited 2P working interest reserves as at year-end 2016 stand at 810 mmboe and average daily working interest production for the period YTD September 2017 stood at 26,962 boepd.


Kuwait Energy's registered office is located in Jersey, its head office is in Bahrain, its regional operational hub is in Kuwait and the company has area offices in Basra, Baghdad, Cairo and Sana'a.


For further information, please visit the Kuwait Energy website:



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