2012 Investor Forum slide image

2012 Investor Forum

2012 Investor Forum Strong production growth in 2011 Group working interest production kboepd 100 80 60 60 40 40 20 Africa Ghana Asia Europe Mauritania boepd (x000) 16 0+ 2010 actual 2011 actual 2012 guidance 2013 estimate 2011 2012 2011 Production: 78,200 boepd (+35%) 12 8 TULLOW Uit North Sea boepd (x000) Current production Oil production 20 Future production 16 Other licence areas Gas production 12 Pakistan boepd (x000) Bangladesh boepd (x000) 16 16 2011 2012 12 12 Ghana boepd (x000) 28 24 20 EQ.Guinea boepd (x000) 16 16 12 8 12 8 4 • Strong performance across UK, Africa & Asia Côte d'Ivoire boepd (x000) 0 0 2011 2012 2011 2012 16 ⚫ Jubilee Phase 1 ramp up delayed ⚫ 2012 guidance 78-86,000 boepd 12 8 4 8 4 8 4 0 0 2011 2012 2011 2012 www... 16 Congo (Brazz) boepd (x000) 16 0 Gabon Significant medium term production growth 2011 2012 boepd (x000) • 2012 exit production will be > 90,000 boepd • 2013 will benefit from full Jubilee potential • Commercialising through sale or development portfolio potential of >200,000 boepd Slide 10 12 8 4 12 4 0 0 2011 2012 2011 2012
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