27www.tullowoil.comccraCongo(Brazzaville)DPGhanaEDPEquatorialGuinea DPCôted'IvoireEDPMauritania EDPSenegal ELiberiaESierra Leone EGabonEDPGHANA Operated production.Two successful exploration wells discovered the world class Jubilee field in mid-2007 and First Oil was achieved in late 2010. Cumulative production to end-2011 was over 33 million barrels and 34 liftings have been completed. Government approval for the Phase 1A development of the Jubilee field has been received allowing us to work to increase daily production from the field. Gross production from Jubilee is expected to average between 70,000 and 90,000 bopd in 2012 and field capacity is expected to be reached in early 2013. Read more about Ghana on pages 28 and 29 of this report.LIBERIA & SIERRA LEONE Tullow has four contiguous non-operated deepwater licences offshore Liberia and Sierra Leone, where the Group is looking to capitalise on the success of the Jubilee play in Ghana. Exploration drilling, which finished in early 2012, encountered oil and confirmed a working hydrocarbon system in the Liberian Basin. An exploration well is planned offshore Liberia later this year.

IN FOCUS GHANA$930.3 MILLIONSales revenue $496.6 MILLION2012 forecast capital expenditure239Employees85%Local employees$46.9 MILLIONSpent with local suppliers1,223 Contracts awarded to local suppliers$4.1 MILLIONSocial investment24Scholarships awarded in the Tullow Group Scholarship Scheme pilot phase, 201150Additional scholarships to be awarded in 201228Tullow Oil plc 2011/2012 Corporate Responsibility ReportEmploying GhanaiansOur operations in Ghana, incorporating offices in Accra and Takoradi, account for most of our regional headcount. We have a commitment to developing an industry run by Ghanaians and at the end of 2011 85% of our employees in Ghana were local. We continue to invest in training and development to increase the skills of local employees and to build a succession plan for managerial and technical roles.Developing local suppliersIn 2011, we spent almost $47 million with local suppliers. This was substantially down compared with 2010, mainly due to the changing nature of our activities during the year, post First Oil in 2010. We continued to host workshops and seminars for potential suppliers as part of our 'Closing the Gap' programme, which focuses on helping local suppliers to achieve the standards required in key areas such as environment, health and safety. Phase 1A of the Jubilee field and the TEN development will provide significant further opportunities for local suppliers to participate in activities associated with our industry.Investing in building capacityAlong with our initiatives to help develop local businesses, we are investing in building capacity in our host countries through the Tullow Group Scholarship Scheme. 70 postgraduate scholarships have been allocated to West & North Africa for 2012, 50 of these to Ghana. These scholarships, which are administered by the British Council, will allow applicants to study oil and gas related Masters Degrees, and other non-related courses, before they return to work in host country institutions. Increased capacity will assist our host countries in developing their oil and gas industries and enhance our relationships with stakeholders, which strengthens Tullow's operating environment.West & North Africa