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2013 HALF-YEARLY RESULTSTechnology steps up from FTG to AEI (Ambient Enhanced Inversion)Active methodsAmbient enhancementWell Logs Seismic Surveys Electro-MagneticLaboratory Borehole Seismic Earthquakes GravityHighSensitivityLowSensitivityHigh ResolutionLocal MeasurementLow ResolutionRegional MeasurementPioneering application of Full Spectrum Geophysics by <strong>Tullow</strong> to find oil in the Tertiary Rift Basins of East Africa• <strong>Tullow</strong> integrates free & natural ambient energy to enhance standard active geophysical methods• Appling overlapping geophysical methods to invert geophysical data into geology models to help locate oilSlide 28
2013 HALF-YEARLY RESULTSKenya – Ethiopia: World class petroleum province potentialThree scales of exploration in multiple basins1. Ngamia-1 & Twiga South-1 appraisal testingdoubles pay (25 sq km)• 10kbopd total combined flow rate potential fromthese 2 wells2. South Lokichar Basin drill-out : already exceedsthreshold for development (10,000 sq km)• >300 mmbo confirmed in 3 wells• Multiple oil plays proved as Etuko-1 makes importantnew oil discovery3. High-grading multiple basins through wildcatdrilling (100,000 sq km)• Sabisa-1 establishes Omo Basin is oil proneSlide 29
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