Gabon
Operations
Tullow currently has interests in 16 licences in Gabon, including twelve producing fields. With oil production currently averaging around 13,000 bopd, Tullow’s Gabon production accounts for around 20% of the Group's total. Production is likely to be maintained at these levels when two new fields, Onal and Ebouri come on-stream towards the end of 2008.
In addition to the existing licence interests, Tullow has back-in rights to ten exploration licences. Current activity in these back-in areas is considerable, with at least 12 exploration wells planned in the next 12 months. These licences are located in areas of significant potential and give the Group exposure to almost 40% of Gabon's currently licensed acreage.
Gabon continues to be considered as an area of potentially significant growth within the Tullow portfolio, presenting as it does a range of exploration, development, commercial and acquisition opportunities. These opportunities will be continually and actively assessed during 2008 and beyond.
Licences
| Licence | Fields | Area Sq Km |
Tullow Interest |
Operator | Other Partners |
|---|---|---|---|---|---|
| Avouma | Avouma | 52 |
7.50% |
Vaalco | Addax, Sasol, Sojitz, PetroEnergy |
| Azobe | 1,737 |
60.00% |
Tullow | MPDC Gabon | |
| Echira | Echira | 76 |
40.00% |
Perenco | |
| Etame | Etame | 49
|
7.50%
|
Vaalco | Addax, Sasol, Sojitz, PetroEnergy |
| Gryphon Marin | 9,764
|
18.75% *
|
Forest | PetroSA | |
| Kiarsseny Marin | 5,442 |
47.50% |
Tullow | Addax, Sonangol P&P | |
| Limande | Limande | 10 |
40.00% |
Perenco | |
| Niungo | Niungo | 96
|
40.00%
|
Perenco | |
| Nziembou | 1,027 |
40.00% |
Perenco | ||
| Oba | Oba | 44 |
5.00% |
Perenco | AIC Petrofi |
| Obangue | Obangue | 40 |
3.75% |
Addax | AIC Petrofi |
| Tchatamba Marin | Tchatamba Marin | 30
|
25.00%
|
Marathon | Oranje Nassau |
| Tchatamba South | Tchatamba South | 40
|
25.00%
|
Marathon | Oranje Nassau |
| Tchatamba West | Tchatamba West | 25
|
25.00%
|
Marathon | Oranje Nassau |
| Tsiengui | Tsiengui | 26 |
3.75% |
Addax | AIC Petrofi |
| Turnix | Turnix | 18 |
27.50% |
Perenco | |
Options - Back-in Rights
| Licence | Fields | Area Sq Km |
Tullow Interest |
Operator | Other Partners |
|---|---|---|---|---|---|
| Arouwe | 4,414 |
7.50% |
Perenco | AIC Petrofi | |
| Azobe | 1,737 |
5.00% |
Tullow | MPDC Gabon, AIC Petrofi | |
| Dussafu Marin | 2,780
|
5.00%
|
Harvest Nat. Res |
AIC Petrofi, Perenco, Premier | |
| Ebouri | Ebouri | 15 |
7.50% |
Vaalco | Addax, Sasol, Sojitz, PetroEnergy |
| Etame Marin | 2,972 |
7.50% |
Vaalco | Addax, Sasol, Sojitz, PetroEnergy | |
| Etekamba | 773 |
5.00% |
Maurel & Prom | Transworld, AIC Petrofi | |
| Gryphon Marin | 9,764
|
10.00% |
Forest | PetroSA | |
| Maghena | 631 |
3.75% |
Addax | AIC Petrofi | |
| Nyanga Mayombe | 2,831 |
3.75% |
Maurel & Prom | AIC Petrofi | |
| Ombena | 5,981
|
5.00%
|
Perenco | AIC Petrofi | |
| Omoueyi | 4,133
|
7.50%
|
Maurel & Prom | AIC Petrofi | |
| Onal | Onal | 46 |
7.50% |
Maurel & Prom | AIC Petrofi |
 |
 |
