Congo (DRC) Operations and Licences

Operations

In July 2006 Tullow signed a production Sharing Agreement to gain a 48.5% operated interest in Blocks I and II in the prospective Albertine Rift Basin. While the validity of the award of these licences has been disputed by the Congolese Oil Ministry, Tullow is now working closely with the new government officials and continues to be confident in the integrity of the original award process and its title to the licence.

Blocks I and II cover some 6,500 sq km of onshore and offshore acreage on the Congo (DRC) side of the Albertine Rift Basin which extends into neighbouring Uganda.

Licences

Licence	Fields	Area Sq Km	Tullow Interest	Operator	Other Partners
Block I		3,700	48.5%	Tullow	Heritage, Cohydro
Block II		2,870	48.5%	Tullow	Heritage, Cohydro