Tullow Oil plc 2011/2012 Corporate Responsibility Report - The Group

MauritaniaEDPSenegalESierra Leone ELiberia ECôted’IvoireEDPGhana EDPccracEquatorialGuinea DPGabon EDPCongo(Brazzaville) DPGHANAOperated production.Two successful exploration wellsdiscovered the world class Jubilee field inmid-2007 and First Oil was achieved inlate 2010. Cumulative production toend-2011 was over 33 million barrels and34 liftings have been completed.Government approval for the Phase 1Adevelopment of the Jubilee field has beenreceived allowing us to work to increasedaily production from the field. Grossproduction from Jubilee is expected toaverage between 70,000 and 90,000 bopdin 2012 and field capacity is expected tobe reached in early 2013. Read moreabout Ghana on pages 28 and 29 ofthis report.LIBERIA & SIERRA LEONETullow has four contiguous non-operateddeepwater licences offshore Liberia andSierra Leone, where the Group is lookingto capitalise on the success of theJubilee play in Ghana. Explorationdrilling, which finished in early 2012,encountered oil and confirmed a workinghydrocarbon system in the LiberianBasin. An exploration well is plannedoffshore Liberia later this year.27www.tullowoil.com