French Guiana Operations and Licences

Operations

French Guiana is a Département (overseas territory) of France, located on the north-eastern coast of South America between Suriname and Brazil.

Tullow previously held a 97.5% interest in the Guyane Maritime licence which covers 35,221 sq km. During 2009, Tullow began the process of farming down some of its interest and Shell (33%) and Total (25%) are now partners in the block which Tullow operates with a 39.5% interest. In September 2009, a large 3D seismic programme began, focussing on 3,000 sq km in the eastern section of the licence.

A number of leads and prospects have been identified from existing 2D seismic which includes the giant Matamata structural trap in the north and a number of stratigraphic traps analogous to Tullow’s Jubilee field in Ghana in the south of the block. Following the completion of the new 3D seismic programme early in 2010, Tullow aims to mature some of the leads into prospects with the first well possibly being drilled at the end of 2010.

Licences

Licence	Area Sq Km	Tullow Interest	Operator	Other Partners
Guyane Maritime	35,221	97.5%	Tullow	Northpet Investments