2013 Investor Forum

2013 Investor Forum Conclusions Slide 20 TULLOW In • • • • • • Strong production base to fund industry-leading exploration Major developments making good progress securing revenue over the medium-term Strong and well-balanced financial position Major exploration campaigns throughout 2013 in Kenya, Ethiopia, Mozambique, Côte D'Ivoire, Mauritania, Norway and French Guiana Sales of assets in UK, Bangladesh and Pakistan on-going Strategy remains focused on exploring for light oil in Africa and the Atlantic Margins

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