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2013 HALF-YEARLY RESULTSIndustry-leading exploration acreage positionSouth American Atlantic Margins• 1 out of 4 French Guiana wells successful, next well to delineate Zaedyus water leg• Mid-term focus turns to Suriname operated venture & to remaining French Guiana prospectivityCentral Atlantic Margins• Frégate-1 to spud in August on Cretaceous turbidite prospect “Scorpion”• Following wildcats will target Tapendar, Sidewinder & IbisWest African Atlantic Margins• Focus shifts to Paon-2 exploratory appraisal in Côte d’Ivoire & to Guinea prospects Sylli & Eos• Sierra Leone & Liberia positions under reviewEast African Rift Basins• 3 out of 3 successes in South Lokichar Basin – near commercial threshold• Preparing for basin opening wildcats in the Omo, Chew Bahir, Kerio & North Lokichar BasinsEast African Transform Margin• Cachalote discovery offshore Mozambique being followed up at Buzio-1• Offshore commercialisation options under studyNorth Atlantic Margins• Key wells: Mantra, adjacent to Troll; Wisting in Barents Sea and high-risk play-tester at Kuro• Billion barrel prospect mapped in Greenland acreage & reviewing options to realise valueSlide 26
Gross Potential in Billion Barrels2013 HALF-YEARLY RESULTSCampaign of 12 East African Tertiary Rift BasinsCampaign concept proved in Lake Albert Rift Basin, Uganda<strong>Tullow</strong> <strong>Oil</strong>’s 12 East African Tertiary Rift BasinsMputa-1BasinopenerKasamene-1PlayopenersWaraga-1Follow-on ProspectFollow-on ProspectFollow-on ProspectFollow-on ProspectFollow-on ProspectFollow-on ProspectFollow-on Prospect1.7BboUgandaEthiopiaLake Albert Chew Bahir Omo West OmoKenya2014Kingfisher-1Follow-on ProspectFollow-on ProspectTurkana Turkwel North Lokichar South Lokichar2014121086Possible campaign scenarios8/12 basinssuccessful4/12 basinssuccessful2014Kerio Suguta Kerio Valley Nyanza420Years2/12 basinssuccessful1/12 basinsMultiplying our success based on Lake Albert Rift Basinthrough an integrated E&A campaign across12 East African Rift BasinsAchieved immediate success in South Lokichar BasinSlide 27
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