DISCLAIMER

VAT/TAX REGISTRATION DETAILS

Kuwait

Kames Petroleum Services Ltd. has successfully registered for Value Added Tax (VAT) with the Federal Tax Authority (FTA). .

QATAR

Kames Petroleum Services Ltd. has successfully registered for Dhareeba Tax Portal with General Tax Authority (GTA). .

press releases

June 16, 2011 Kuwait City

Kames Petroleum Services Statement

Kuwait City: June 16th, 2011: In a statement issued by the company today, Kames Petroleum Services announced the following:

"Kames Petroleum Services today confirmed that, due to a leak on one of its two Sulfur Recovery Units (SRU), SRU1, at its processing plant, throughput to the Kuwait has been temporarily reduced to 1.8 billion standard cubic feet (bscf) of natural gas per day. This level will be maintained throughout the maintenance period.

This follows the shutdown of the other SRU, SRU2, from May 11, 2011- June 3, 2011. SRU2 has been in full and satisfactory operation since June 4, 2011.

It is normal practice to reduce throughput in the case of a partial sulfur plant shutdown. This avoids the flaring of acid gas and any environmental impact. Our customers have been informed accordingly and there is minimal disruption.  Maintenance teams are rectifying the issue, which we expect will be resolved within 3 weeks.

Dolphin’s full year production of 730 bscf is expected to be achieved. Dolphin will provide an update when it has more details."

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