Tullow Oil Regulatory News (TLW)

Production Entitlement

Production

Entitlements*

Income Taxes

Royalties

(Cash only)

Dividends

Bonus Payments

 Licence Fees

Infrastructure Improvements

 BBL000

$000

$000

$000

$000

$000

$000

$000

CI-26 Espoir

-

3,514

-

-

-

-

-

-

CI-520

-

-

-

-

-

-

375

-

CI-521

-

-

-

-

-

-

375

-

CI-522

-

-

-

-

-

-

375

-

CI-524

-

-

-

-

-

-

1000

-

Total Cote d'Ivoire

-

3,514

-

-

-

-

2,125

-

Ceiba

137

9,385

-

-

-

-

-

-

Okume Complex

351

24,043

-

-

-

-

-

-

Tullow Equatorial Guinea Ltd.

-

-

12,976

-

-

-

-

-

Total Equatorial Guinea

488

33,428

12,976

-

-

-

-

-

Echira

-

-

-

2,963

-

-

-

-

Ezanga

-

-

-

2,770

-

-

-

-

Ingongo

-

-

-

26

-

-

-

-

Limande

-

-

-

4,719

-

-

-

-

M'Oba

-

-

-

109

-

-

-

-

Niungo

-

-

-

4,715

-

-

-

-

Tchatamba Marin

-

-

-

10,807

-

-

-

-

Turnix

-

-

-

2,459

-

-

-

-

Oba

-

-

-

1,631

-

-

-

-

Tullow Oil Gabon SA

-

-

7,186

-

-

7,000

-

-

Tulipe Oil SA

-

-

754

-

-

1,000

-

-

Total Gabon

-

-

7,940

30,199

-

8,000

-

-

Deep Water Tano

-

-

-

-

-

-

8

-

Jubilee Field Unit area

550

37,675

-

-

-

-

6

-

TEN Development area

555

38,040

-

-

-

-

45

-

Tullow Ghana Ltd.

-

-

52,000

-

-

-

-

2,175

Total Ghana

1,105

75,715

52,000

-

-

-

59

2,175

PSC B (Chinguetti EEA)

-

-

-

-

-

-

35

-

Block C-3

-

-

-

-

-

-

22

-

Total Mauritania

-

-

-

-

-

-

57

-

Block 10BA

-

-

-

-

-

-

231

-

Block 10BB

-

-

-

-

-

-

93

-

Block 12B

-

-

-

-

-

-

93

-

Block 13T

-

-

-

-

-

-

19

-

Tullow Kenya B.V.

-

-

1

-

-

-

-

51

Total Kenya

-

-

1

-

-

-

436

51

Tullow Mozambique Ltd.

-

-

1

-

-

-

-

-

Total Mozambique

-

-

1

-

-

-

-

-

PEL 37

-

-

-

-

-

-

175

-

Total Namibia

-

-

-

-

-

-

175

-

PEL 28

-

-

-

-

-

-

71

-

Total Zambia

-

-

-

-

-

71

-

Production entitlements

Production entitlements*

Incometaxes

Royalties

(cash only)

Dividends

Bonus payments

Licencefees

Infrastructure improvement

BBL 000

$000

$000

$000

$000

$000

$000

$000

Tullow Uganda Ltd.

-

-

-

-

-

-

158

-

Total Uganda

-

-

-

-

-

-

158

-

Orinduik

-

-

-

-

-

-

40

-

Total Guyana

-

-

-

-

-

-

40

-

Walton Morant

-

-

-

-

-

-

128

-

Total Jamaica

-

-

-

-

-

-

128

-

Kohat

-

-

-

-

-

-

-

2

Kohlu

-

-

-

-

-

-

4

9

Tullow Pakistan Developments Ltd.

-

-

1,103

-

-

-

-

-

Total Pakistan

-

-

1,103

-

-

-

4

11

Boulton B&F

-

-

-

-

-

-

61

-

Murdoch

-

-

-

-

-

-

197

-

Ketch

-

-

-

-

-

-

138

-

Schooner

-

-

-

-

-

-

151

-

Munro (44/17B)

-

-

-

-

-

-

90

-

Kelvin

-

-

-

-

-

-

123

-

Katy

-

-

-

-

-

-

22

-

CMS

-

-

-

-

-

-

5

-

P037

-

-

-

-

-

-

5

-

P039

-

-

-

-

-

-

103

-

P852

-

-

-

-

-

-

326

-

Total UK

-

-

-

-

-

-

1,221

-

Tullow Norway

-

-

(1,364)

-

-

-

-

-

Total Norway

-

-

(1,364)

-

-

-

-

-

Tullow Netherlands Holdings Co-op

-

-

5,485

-

-

-

-

-

Total Netherlands

-

-

5,485

-

-

-

-

-

bbls'000

USD'000

USD'000

USD'000

USD'000

USD'000

USD'000

USD'000

The Republic of Cote d'Ivoire, Ministry of Mines and Petroleum Resources

-

3,514

-

-

-

-

2,125

-

Total Côte d'Ivoire

-

3,514

-

-

-

-

2,125

-

Republic of Equatorial Guinea, Ministry of Mines, Industry and Energy

488

33,428

-

-

-

-

-

-

Republica de Guinea Ecuatorial, Ministeria de Hacienda y Presupuestas

-

-

12,976

-

-

-

-

-

Total Equatorial Guinea

488

33,428

12,976

-

-

-

-

-

DGE (General management of taxes)

-

-

7,940

-

-

-

-

-

Gabonese Public Treasury - Ministry of Finance

-

-

-

30,199

-

8,000

-

-

Total Gabon

-

-

7,940

30,199

-

8,000

-

-

Ghana National Petroleum Corporation

1,105

75,715

-

-

-

-

-

-

Ghana Revenue Authority

-

-

52,000

-

-

-

59

2,175

Total Ghana

1,105

75,715

52,000

-

-

-

59

2,175

Hydrocarbon Fund, République Islamique de Mauritanie

-

-

-

-

-

-

22

-

bbls'000

USD'000

USD'000

USD'000

USD'000

USD'000

USD'000

USD'000

Ministry of Energy and Peteroleum 

-

-

-

-

-

-

35

-

Total Mauritania

-

-

-

-

-

-

57

-

Kenya Revenue Authority

-

-

1

-

-

-

-

51

Ministry of Energy and Petroleum

-

-

-

-

-

-

436

-

Total Kenya

-

-

1

-

-

-

436

51

AC Advisory & Consulting (Non Governmental)

-

-

1

-

-

-

-

-

Total Mozambique

-

-

1

-

-

-

-

-

Ministerial Deposit Account

-

-

-

-

-

-

175

-

Total Namibia

-

-

-

-

-

-

175

-

Zambian Ministry of Mines and Mineral Development

-

-

-

-

-

-

71

-

Total Zambia

-

-

-

-

-

-

71

-

Ministry of Energy and Minerals Development

-

-

-

-

-

-

158

-

Total Uganda

-

-

-

-

-

-

158

-

Guyana Geology and Mines Commission (GGMC)

-

-

-

-

-

-

40

-

Total Guyana

-

-

-

-

-

-

40

-

Petroleum Corporation of Jamaica

-

-

-

-

-

-

128

-

Total Jamaica

-

-

-

-

-

-

128

-

Belastingdienst

-

-

5,485

-

-

-

-

-

Total Netherlands

-

-

5,485

-

-

-

-

-

Norwegian Tax Administration.

-

-

(1,364)

-

-

-

-

-

Total Norway

-

-

(1,364)

-

-

-

-

-

Directorate General Petroleum Concessions account (DGPC)

-

-

1,103

-

-

-

-

-

Joint account of District Government

-

-

-

-

-

-

-

11

Federal Board of Revenue

-

-

-

-

-

-

4

-

Total Pakistan

-

-

1,103

-

-

-

4

11

Department of Business, Energy & Industrial Stratergy

-

-

-

-

-

-

11

-

Oil and Gas Authority

-

-

-

-

-

-

1,210

-

Total UK

-

-

-

-

-

-

1,221

-