2014 Irish Shareholder Meeting Delivering against our strategy 2013 2014 + High Margin 1.9 billion Cash flow growth Production Cash flow 2013 Cash Flow Ghana 2016 East Africa 2018 Exploration & Appraisal 220mmboe Targeting…
2014 Irish Shareholder Meeting High margin production cash flow 2013 Group actual production: 84,200 boepd 2014 Group production guidance: 2013 West African Revenue 79-85,000 boepd Eq Guinea 14% Mauritania/ Gabon 19% Congo Cte…
2014 Irish Shareholder Meeting Cash flow growth from a pipeline of future projects Material growth potential 2016+ KENYA - South Lokichar Basin Development studies underway; Future Development Projects Single basin has potential to…
2014 Irish Shareholder Meeting Delivering against our strategy 2013 2014 + High Margin 1.9 billion Cash flow growth Production Cash flow 2013 Cash Flow Ghana 2016 East Africa 2018 Exploration & Appraisal 220mmboe Targeting…
2014 Irish Shareholder Meeting Strong record of resource additions & reserves replacement 2P Commercial Reserves and 2C Contingent Resources Total Resource Potential as of 31 December 2013 as of 31 December 2013 South & East Africa…
2014 Irish Shareholder Meeting Net contingent resource additions from E&A 900 Ekales-1 & Agete-1 200mmboe / year, steady performance 800 Strong run of success in Uganda & Ghana Twiga-1 & Etuko-1 New basins campaigns deliver…
2014 Irish Shareholder Meeting 2014+ exploration programme - targeting 200mmboe p.a. Key exploration wells in the next 18 months EAST AFRICAN NORWEGIAN CONTINENTAL SHELF RIFT BASINS Norway: Ethiopia: Hanssen Q2 2014 Shimela in…
2014 Irish Shareholder Meeting East Africa: Multiple basins with new oil province potential Possible campaign scenarios 8/12 basins successful 12 Pioneering basins: - Lake Albert, Uganda (1.7Bbo) Gross Potential in Billion…
2014 Irish Shareholder Meeting Delivering against our strategy 2013 2014 + High Margin 1.9 billion Cash flow growth Production Cash flow 2013 Cash Flow Ghana 2016 East Africa 2018 Exploration & Appraisal 220mmboe Targeting…
2014 Irish Shareholder Meeting Monetisation options & portfolio management Southern North Sea Assests UK & The Netherlands Bangladesh S&K sale agreed for 75.6m interests Marketing of remaining assets Sale of Bangladesh is ongoing…
2014 Irish Shareholder Meeting Delivering against our strategy 2013 2014 + High Margin 1.9 billion Cash flow growth Production Cash flow 2013 Cash Flow Ghana 2016 East Africa 2018 Exploration & Appraisal 220mmboe Targeting…
2014 Irish Shareholder Meeting TEN next operated deepwater project underway Project execution underway and on track West Leo rig secured and first two development wells drilled Centennial Jewel tanker-FPSO conversion underway in…
2014 Irish Shareholder Meeting East Africa major onshore Tertiary Rift Basin projects Kenya Operated world-class onshore oil project Favourable conditions allowing for rapid progress Clear plan towards 2015/16 development sanction…
2014 Irish Shareholder Meeting Delivering against our strategy 2013 2014 + High Margin 1.9 billion Cash flow growth Production Cash flow 2013 Cash Flow Ghana 2016 East Africa 2018 Exploration & Appraisal 220mmboe Targeting…
2014 Irish Shareholder Meeting Funding: Strong balance sheet & financial flexibility Highly diversified funding strategy Balance sheet substantially strengthened through 650 million Funding Strategy debut bond issue in November 2013…
2014 Irish Shareholder Meeting How we do business Creating Shared Prosperity We manage our business in a responsible way to maximise sustainable development opportunities for host nations. We are committed to ensuring long-term…
2014 Irish Shareholder Meeting Open, transparent disclosure Economic contribution We are committed to transparent disclosure of payments to governments and other stakeholders in the countries in which we operate Revenue transparency…
2014 Irish Shareholder Meeting Download the Tullow Investor Relations and Media App from the Apple and Android stores: Tullow Oil Ltd Number 1, Central Park Leopardstown Dublin 18 Follow Tullow on: Tel: +353 (0)1 213 7300 Fax:…