Tullow Oil plc - Overview Presentation slide image

Tullow Oil plc - Overview Presentation

Tullow Oil plc - Overview Presentation OUR PORTFOLIO OF ASSETS NEW VENTURES - exploration • Extensive acreage in Africa and South America, in well-known plays • 2020 drilling in Peru and Suriname • Recent new licences in Argentina, Namibia, Peru*, Côte d'Ivoire, Comoros and Suriname Jamaica Peru Slide 3 Argentina Guyana Suriname . Mauritania Côte d'Ivoire Ghana Eq. Guinea Uganda Gabon WEST AFRICA - production Ghana Flagship low-cost producing assets - Jubilee & TEN fields • Investment focused on multi-year incremental drilling programme to maximise and sustain production Non-operated portfolio . Incremental investments to sustain production Namibia Kenya Comoros TULLOW Uni EAST AFRICA - development Kenya • Significant discoveries in South Lokichar basin ⚫ Phased development plan to reach c.100kbopd at plateau . Uganda Estimated 1.7bn bbls of discovered resources in Uganda, development progressing ⚫ c.230kbopd gross production at plateau West Africa oil production 2020 guidance: 70,000 - 80,000 bopd A balance of production, development & exploration assets *Peru: Some licences remain subject to final Government approval
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