A brief timeline

Last updated: 06 Nov 2013

Ngassa-2
Heron by Lake Albert

 

2004
  Tullow gains interests in three Ugandan licences through the Energy Africa acquisition
  2D seismic acquired over Kaiso-Tonya area in Block 2
   
2005
  2D seismic acquired over Kingfisher in Block 3A
   
2006
Jan Mputa-1 oil discovery proves working hydrocarbon system with 33° Degrees API is a reference system for the density of crude oils and constituent hydrocarbons. Brent is 38.5 degrees API.API oil
Mar Waraga-1 well discovers oil and flow tests at over 12,000 bopd
Oct Kingfisher-1 discovers oil in Block 3A
   
2007
Jan Tullow acquires Hardman Resources gaining 100% interest and operatorship of Block 2
Mar Kingfisher-1 flow tested at over 13,000 bopd
Rest of year 2D and 3D seismic campaigns and further discoveries in Kaiso-Tonya region
   
2008
First Half Significant breakthrough in Butiaba area in Blocks 1 and 2 with seven discoveries including five wells proving up the prolific Victoria Nile Delta play
Sep Kingfisher-2 appraisal well tested at 14,000 bopd
Dec Kingfisher-3 appraisal well establishes 200 million barrel field
   
2009
Jan 300 million bbl Buffalo-Giraffe field discovered
Feb Integrated project team established as commercial threshold for development exceeded
Aug Ngassa-2 discovery announced, which has the potential to be the largest discovery in the basin to date
Oct Dataroom opened to facilitate the sale of up to 50% of Tullow's interests in the Lake Albert Rift Basin
   
2010
Jan Tullow chose to exercise its right of pre-emption over the Heritage Blocks 1 and 3A sales process.
First Half Successful appraisal drilling in Block 2 at Kasamene-2, Kasamene-3 and Nzizi-3.
   
2011
Mar MoU signed between Tullow and the Government of Uganda.
Mar Uganda SPAs signed between Tullow, CNOOC and Total for $2.9bn total cash consideration. 
   
2012
Feb New PSCs approved by the Government of Uganda and the farmdown completed to CNOOC and Total
   
2014
Feb Memorandum of Understanding signed between the Government of Uganda and Partners agreeing a commercialisation plan for the Lake Albert discoveries

 

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