2013 Investor Forum

2013 Investor Forum The Jubilee field Jubilee production stable • Strong production in 2013 • Average of 104,000 bopd year to date Well capacity of over 120,000 boepd . All Phase 1A wells completed by end Q3 2013 Phase 1A project delivery on schedule and within budget FPSO debottlenecking underway • • Oil capacity proven >120,000 bopd Gas capacity constraining oil production at ~110,000bopd Increased gas capacity in Q3 2013 Jubilee full field development plan • • Supports P50 Reserves of 700 mmboe, with upside ~ 20 infill well locations already identified TOLLOW • Currently discussing plan with Government Slide 13 TULLOW In

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