A brief timeline

Last updated: 01 Apr 2012

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