||Acreage (sq km)
Tullow has been active in Pakistan since 1991 and currently has exploration interests across a number of licences.
In March 2012, Tullow took the decision to commence a process to sell these Asian assets in order to focus on its core African and Atlantic Margin strategy. Tullow signed a sale and purchase agreement for its Pakistan assets to Ocean Pakistan Ltd in October 2013 for $25 million. In December 2014, Tullow was advised that the Government would not approve the sale due to regulatory concerns.
EXPLORATION & APPRAISAL
The Kup-1 well, in which Tullow has a 30% non-operated stake, is currently drilling with a result expected in the third quarter of 2015.