Sarsang – Growing Production with Future Development Potential

Kurdistan Region of Iraq

HKN has operated the Sarsang Block in northern Kurdistan since November 2007

Sarsang Block in the Kurdistan Region of Iraq

Kurdistan Region of Iraq Where We Operate

HKN holds a 62 percent PSC interest in the 420 km2 Sarsang block. TEPKRI Sarsang A/S (subsidiary of TOTAL S.A.) holds an 18 percent PSC interest with the remaining interest held by the Kurdistan Regional Government of Iraq (KRG).

HKN OPERATIONS

Sarsang Block Highlights

Discovery of 2 large fields – Swara Tika & East Swara Tika

On track for over 50,000 bopd on Swara Tika in 2022

Over 32,000 bopd facility capacity

Over 42M barrels in cumulative production at end of 2021

API of 36-39 Triassic Oil

About HKN Legacy of Success

HKN Energy Ltd. is a privately-held oil and gas operator and producer focused on the Kurdistan Region of Iraq. HKN has operated the Sarsang Block in northern Kurdistan since November 2007. Over the past decade, HKN has assembled a world-class team of professionals with a proven track record of exploration success, new field development and value creation.

ABOUT HKN

The HKN Team World-Class Leadership with Extensive Experience

HKN’s leadership team has a proven record of building successful companies and generating sustained shareholder value.

MEET OUR TEAM

Russell Freeman

CEO, Board Member

Mark Rollins

President, Board Member

Steve Berger

CFO, Board Member

David Scott

EVP, Operations

George Mattingly

EVP, Exploration

Shelby Bush

General Counsel

Kristy Macktinger

VP, Finance & Investor Relations

Matthew Zais

VP, Government Affairs

Cale Welborn

VP, Chief Accounting Officer

Rasmus Engell

VP, Operations

Click each photo to learn more about our experienced leadership team

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