page 1
page 2
page 3
page 4
page 5
page 6
page 7
page 8
page 9
page 10
page 11
page 12
page 13
page 14
page 15
page 16
page 17
page 18

Our strategic objective is to deliver substantial returns to shareholders. This objective is set within a context of achieving sustainable long-term growth and creating shared prosperity. We believe that it is important first and foremost for Tullow to be a successful and profitable company. This in turn will enable us to create further opportunities for both Tullow and our stakeholders. DELIVERING SUBSTANTIAL RETURNS 3050001,0001,5002,0002,5000102030405060708091011Tullow Oil plcFTSE 10010 year Tullow TSR compared with 10 year FTSE 100 TSRTullow Oil plc 2011 Annual Report and Accounts: Special feature