Tullow Oil plc - Overview Presentation

Tullow Oil plc - Overview Presentation EXPLORATION DRILLING CONFIRMED FOR 2020 PROGRAMME N Ecuador MARINA BLOCK Z-38 Tumbes Basin BLOCK Z-64 prospect 350m water depth 1H 2020 drilling BLOCK Z-65 Talara Basin BLOCK Z-66 Peru BLOCK Z-38 Tullow 35% Peru Bank Marina Marina NE TULLOW Dit Suriname: Trigger well with significant follow-on potential ⚫ Goliathberg-Voltzberg North . prospect Located on flank of Demerara High • Testing dual targets in Cretaceous turbidite play South Pacific Ocean LEGEND Trujillo Basin BLOCK Z-67 BLOCK Z-68 Tullow Operated Tullow Non-operated Lima Block under negotiation Basin Oil Field/Discovery 200km Lima Seeps 25 km Merluza Tortuga Aguja Cocona Existing 3D Outline p Pepino BLOCK Z-64 Atlantic Ocean N Goliathberg North Block 47 Block 62 Juliana Goliathberg South Araku-1 Rosevelt Tullow 100% LEGEND Peru Tullow Operated Tullow Non-operated Prospect Lead Oil Field Oil Seeps Maka Central -1 Discovery Suriname Guyana - Basin Peru: First well to target deepwater play in Tumbes basin • • Marina prospect in Z-38 is confirmed 2020 drilling candidate Located in the Tumbes Basin, adjacent to prolific, onshore Talara Basin • • • Prospect targeting robust fault block containing Tertiary age turbidites Covered by high-quality 3D seismic; multiple follow on prospects Stakeholder engagement and operational planning underway Slide 14 Peru: Blocks Z-65, Z-66, Z-67 and Z-68 subject to Government approval Tambaredjo Suriname Block 54 LEGEND Tullow Operated Prospects/Leads 150km GOLIATHBERG prospect 1,900m water depth 2H 2020 drilling

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