This report seeks to provide an estimate of potential government revenue from KrisEnergy’s proposed Block A offshore oil project. This report is developed in five main sections. The first section provides an overview of the history of Block A. The second section offers an analysis of the role of oil contracts as well as the wider legal context in which they are situated. The third section contains a detailed overview of the sources of government revenue that apply to the Block A project. The fourth section draws on publicly accessible data in order to generate plausible scenarios that are incorporated, along with the fiscal terms, into the spreadsheet model. The fifth section contains the economic analysis including the timing and volume of potential government revenue; the relative importance of the various fiscal instruments applied to the Block A project; as well as the allocation of after-cost revenue between the company and the government.

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