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Download Presentation slides PDF - Tullow Oil plc

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2013 HALF-YEARLY RESULTS12 month Exploration and Appraisal programme (Jul 2013)mmboeCountry Block Prospect/Well Interest Gross Mean Net Mean Spud DateSOUTH & EAST AFRICAEthiopiaKenyaTultule25 13 Aug 2013South OmoShimela 50% (op)88 44 Q4 2013Kesami 23 12 H1 2014Ekales53 27 July 201313TAgete (Twiga N) 68 34 Sept 201350% (op)Twiga South appraisal 40 20 H2 2013/2014Tausi 56 28 H1 201410 BA Kiboko 50% (op) 52 26 H2 2014Etuko-193 47 In progressAmosing 59 27 Oct 2013Ewoi-1 44 22 H2 201310BBEkosowan 40 20 H1 201450% (op)Linga-1 56 28 H1 2014Ngamia-West 33 17 H1 2014Etuko appraisal wells TBC TBC 2014Ngamia appraisal wells 70 35 2014With over 120 leads and prospects there is no shortage prospectivity and follow-up potential in this pioneering and vast exploration campaign. Near-term activities focus should not deterattention away from the tremendous scale of the volume potential in this new oil province which will be addressed through our continued systematic ramp-up of the campaign, as more drillingand geophysical surveying teams are deployed, building on our initial successes.Uganda EA-1 Area wide appraisal drilling 33.3% various various 2013/2014Our licences continue to deliver multiple and attractive oil appraisal opportunities in support of our preparations for basin development.Mozambique Block 2 Buzio 25% 129 32 In progressFollowing the Cachalote-1 result, the immediate attention falls and the second prospect Buzio - if this is successful then the follow-on potential is very considerable. The Ibo High may be actingas a broad focus area for regional hydrocarbon charge, hopefully trapping oil. If so then there are some 20 leads &prospects within the licence which sets up a very material opportunity toleverage from any early success.Slide 45

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