Tullow Oil plc (Tullow) is an independent oil and gas exploration and production company. The Company is engaged in oil and gas exploration, development and production and the sale of hydrocarbons and related activities. It operates in three geographical segments: Europe, South America and Asia; West and North Africa and South and East Africa. The Company has had significant exploration success in Uganda's Lake Albert Rift Basin, offshore Ghana and most recently in Kenya�s South Lokichar Rift Basin opening three new hydrocarbon basins. In Uganda, Tullow has drilled over 70 wells and discovered 1.7 billion barrels of oil around Lake Albert with the potential to produce over 200,000 boepd.