Tullow Oil 2019 Annual General Meeting Tullow Oil plc ANNUAL GENERAL MEETING 25 April 2019
Tullow Oil 2019 Annual General Meeting 2018 GOOD PROGRESS ACROSS THE BUSINESS DRILLING DRIVING PROGRESSED resumed in Uganda & Kenya production Ghana developments BUILT GENERATING PROFIT exploration free cash flow after tax…
Tullow Oil 2019 Annual General Meeting TULLOWS 2030 VISION The pillars of our growth ambitions Positioning Tullow for the challenges and opportunities ahead Slide 4
Tullow Oil 2019 Annual General Meeting CREATING A PROGRESSIVE AND SUSTAINABLE ORGANISATION Driving the Business Transforming the Business Ghana Kenya New Corporate Subsurface Operations Business & Uganda Ventures & Digital…
Tullow Oil 2019 Annual General Meeting Tullow Oil plc - 2019 Annual General Meeting OUR PERFORMANCE
Tullow Oil 2019 Annual General Meeting 2018 FULL YEAR RESULTS SUMMARY Underlying cash Revenue1 Adjusted EBITDAX Profit after tax2 operating costs 1,859million 10.0/boe 1,600million 85million FY 2017: 1,723 million FY 2017:…
Tullow Oil 2019 Annual General Meeting FOLLOWING OUR CAPITAL ALLOCATION FRAMEWORK DEBT AND LIQUIDITY INVESTING IN OUR BUSINESS SHAREHOLDER RETURNS Balance sheet robust to Apply strict criteria to allocate Demonstrating financial…
Tullow Oil 2019 Annual General Meeting MAXIMISING PRODUCTION IN WEST AFRICA Growing & sustaining our production business Ramping up net production in 2019 West Africa oil production Infill, near-field & exploration opportunities to…
Tullow Oil 2019 Annual General Meeting DEVELOPING OUR DISCOVERIES: EAST AFRICA PRODUCTION HUB Group net oil production growth 150 KENYA UGANDA MATERIAL OIL DISCOVERIES 560mmbo 1.7bbo 125 Gross 2C resource Gross 2C resource…
Tullow Oil 2019 Annual General Meeting FINDING NEW OIL EXECUTING OUR EXPLORATION PROGRAMME MAURITANIA JAMAICA GUYANA 2019 FOCUS SURNAME CTE DIVOIRE NAMIBIA COMOROS PERU ZAMBIA URUGUAY 2019 drilling 2020 drilling…
Tullow Oil 2019 Annual General Meeting 2019 DRILLING FOCUS ON GUYANA Shelf-edge acreage in industry hot-spot Multiple prospects 4BBO Gross mean up-dip of giant oil un-risked resources discoveries High-quality 3D seismic…
Tullow Oil 2019 Annual General Meeting Tullow Oil plc - 2019 Annual General Meeting OUR FUTURE
Tullow Oil 2019 Annual General Meeting TRANSFORMING TULLOW Excellence in delivering Delivering our our 2-3 year work 2030 Vision programme Delivering new value Growing business over through transformation short-medium term…
Tullow Oil 2019 Annual General Meeting A STRONG COMMITMENT TO SUSTAINABILITY Local content Developing Social and capacity local skills Investment Climate resilience Ecosystems Safety and wellness Responsible…
Tullow Oil 2019 Annual General Meeting 2019 OUTLOOK GENERATE DISCOVER significant free cash flow oil in Guyana COMPLETE RETURN Uganda 100m MAINTAIN minimum cost discipline farm-down dividend TARGET Uganda & DELIVER…
Tullow Oil 2019 Annual General Meeting Tullow Oil plc 9 Chiswick Park 566 Chiswick High Road London, W4 5XT Follow Tullow on: United Kingdom Tel: +44 (0)20 3249 9000 Fax: +44 (0)20 3249 8801 Email: irtullowoil.com Web:…