Significant progress towards Uganda becoming a major oil producing country

• Major pipeline in place for transport of surplus crude
• Potential to produce in excess of 200,000 bopd
• Major development focused on refined products for local and regional markets
• First commercial oil expected from Kasamene field by end 2011

Beyond 2010

• Basin-wide development plan to be agreed by year-end
• Extended well test to produce oil in the first half of 2010
• Tullow proposes farmdown to CNOOC and Total
• Tullow to acquire Heritage’s interests in Blocks 1 and 3A

2010

• Over 800 mmbo discovered, with 1.5 billion barrels yet to find
• By the end of 2009, 27 wells yield 26 discoveries
• Commercial threshold exceeded, development team established
• Major Jobi-Rii oil field discovered

2009

• Seven oil discoveries as confidence grows
• Kasamene-1 breakthrough opens Victoria Nile Delta play
• Kingfisher-2 flows at over 14,000 bopd

2008

• Kingfisher-1 flows at over 13,000 bopd
• Major seismic surveys acquired
• Tullow acquires Hardman Resources

2007

• Waraga flowed at >12,000 bopd
• Wildcat oil discoveries Mputa, Waraga, Nzizi and Kingfisher
• In-fill seismic acquired
• Tullow acquires Energy Africa

2004–2006

• Turaco drilling encounters CO₂
• Reconnaissance seismic acquired
• Licences awarded

1997–2003

• International oil companies explore for oil in western Uganda
• Uganda’s visionaries prepare for oil exploration

1986–1993

• Uganda gains independence
• Ugandan Geological Survey probe Kibero & Kibuku oil seeps
• Waki-1 first well drilled and oil shows encountered
• 52 oil seeps documented

1938–1962

• Oil seeps found centuries ago
• Petroleum rift basin starts forming 8 million years ago