2012 Investor Forum
2012 Investor Forum
Ghana - high levels of activity continue
Development and Production
Jubilee production drives record results
• 2012 production to average of 70 - 90,000 bopd
• Phase 1A development commenced in Feb 2012
E&A activity on TEN confirms commerciality
⚫ TEN Plan of Development submission expected Q3
2012
First oil forecast ~30 months after POD approval
Exploration and Appraisal
• Successful appraisal activity in WCTP and
Deepwater Tano in 2011
• Wawa-1 and Teak-4 currently drilling
• More high impact exploration to come in 2012
LEGEND
Oil Field/Discovery
Gas Condensate &
Oil Discovery
Prospect
Dry Hole
Oil Shows
Enyenra
INTERNATIONAL
BOUNDARY
DEEPWATER TANO
Tullow 49.95%
TULLOW
In
WEST CAPE
THREE POINTS
Tullow 26.40%
Wawa
Tweneboa
Unit Area
Teak
Jubilee
Sapele
Akasa
Ntomme
Tweneboa Deep &
Mahogany
Enyenra Deep,
Cenomanian Deep
Banda-1
Option to
re-licence
25km
Working towards Jubilee achieving FPSO
production capacity of 120,000 bopd
Slide 12View entire presentation