The Jubilee field was discovered in 2007 and production began in late 2010. Another major discovery was made further along the coast in 2009 and since then a successful exploration and appraisal campaign has resulted in the Tweneboa-Enyenra-Ntomme commercial discoveries, now collectively known as the TEN Project. Technical work on TEN is progressing to plan and the schedule to submit the PoD to the Minister of Energy is on track for submission during the third quarter of 2012. Phase 1A development of the Jubilee field was approved in January 2012.29www.tullowoil.comEnhancing our EHS processesTullow Ghana's environmental management system was ISO 14001 certified in late 2011. In April 2012, we undertook the annual independent external verification of implementation and monitoring of the Environmental and Social Action Plan for the Jubilee Phase 1 development project as part of Tullow's commitments to the International Finance Corporation (IFC). This review involved field visits to the FPSO and support locations such as the Takoradi Shore Base and meetings with Tullow personnel and local stakeholders including fishing communities. No instances of non-compliance were found.The FPSO has achieved a best-in-class safety performance from its arrival in Ghanaian waters in June 2010 to the early months of 2012. Since then there has been a diesel discharge from the FSPO and a High Potential Incident on one of our rigs. In addition, there has also has been a third party driving fatality in Ghana. A 2012 deliverable for the Tullow Ghana team is a gap analysis and self-assessment against the Tullow Oil Environmental Standards (toes) and the Tullow Safety Rules.Engaging our stakeholdersTo date, much of our community engagement activity in Ghana has centred on Western Region fishing communities, focusing on health, education, environmental, and enterprise development activities. Our engagement programme is driven by community concerns and requests for assistance from key stakeholder groups. The work is executed by members of the Tullow Ghana Corporate Affairs team in Takoradi and Accra and supported by six Community Liaison Officers. Our programme includes project design and delivery, stakeholder engagement, community support activities and grievance management. CLOs provide an essential reference point in each community for managing grievances, receiving project proposals/donations requests, maintaining day-to-day relationships with key stakeholders, and supporting ongoing project activity.Ghana GhanaCôte d'IvoireLEGENDOil Field/DiscoveryGas Condensate &Oil DiscoveryOptiontore-licenceWEST CAPETHREE POINTSMahoganyJubileeAkasaDEEPWATER TANOTweneboaTeakBandaNtommeEnyenraOil DiscoveryUnder AppraisalTullow's social enterprise projects reflect an effort to address stakeholder concerns in a way that attends to community needs and, at the same time, provide a valuable return to Tullow. We are currently supporting a multi-year intervention in the health sector in partnership with the Ghana Health Service and implemented through Jhpiego, an international not-for-profit health organisation affiliated with Johns Hopkins University. Significant infrastructure development projects support both educational and health facilities in partnership with Ghanaian institutions. These include hospital rehabilitation, science laboratory modifications, and classroom/school facilities construction. Our investment in training and skills development at the community level is helping to develop community health workers, entrepreneurs, students, unemployed youth and fisher folks.Five years after discovery of the Jubilee field, and 18 months into production, Tullow is taking the opportunity to review the socio-economic footprint of its activities in Ghana. This is to consider how the key identified areas of progress might be best harnessed for the future development of the country, and learn lessons for the future. We have commissioned an independent report aimed at providing an account of the past, current and likely future impact of Tullow's activities on Ghana's economy, society and environment. Impacts to be measured include taxes and revenues (economic), local content (including local suppliers, employment and training), social impacts, social enterprise projects, business standards (ethics and transparency) and EHS standards. The report, which will be published in early 2013, will make recommendations in pursuit of a positive sustainable legacy for the development of Ghana's oil and gas industry.

The Group's water usage during 2011 saw a large increase compared with 2010, primarily due to water injection from the FPSO into the Jubilee field reservoir. The Jubilee field is offshore Ghana and Group water usage was therefore 99% seawater and 1% fresh water for 2011.Greenhouse gas (GHG) emissions for 2011 accounted for around 93% of Group total emissions. GHG emissions from the FPSO were the most significant contributor to the overall increase in GHG emissions for Tullow during the year.Tonnes CH4 as CO2 equivalent is calculated as tonnes CH4 x 21, where 21 is the conversion factor used to give methane in terms of CO2e.CO2e figures have not been assured by Deloitte, however figures for CO2 and CH4 emissions have been assured.Tullow has started recording waste data in 2011. West & North Africa accounted for 10% of waste produced during 2011, with operations in Ghana contributing almost all of this figure.West & North AfricaHOW WE PERFORMED IN 2011Local employeesLocal employees 88% Expatriate employees 12% 88%Social enterprise expenditure$5 MILLIONWest & North Africa 43% Rest of group 57% Greenhouse gas emissions1,285,901 TONNES0250,000500,000750,0001,000,0001,250,0001011259,4961,285,901CO2CH4 as CO2eWaste produced3,199 tonnes West & North Africa 10% Rest of Group 90% At the end of 2011, local employees and contractors in Accra and Takoradi numbered 210 in total.The single largest project in our social enterprise programme in 2011 was the Tullow Group Scholarship Scheme pilot phase, which was delivered in Ghana and represented $1.5 million of the total Group social enterprise spend. In 2012 the Scheme is being rolled-out in several other countries in the region.$46.9m was spent with local suppliers in Ghana during 2011. The decrease relates to the level and nature of our activities during a given year. During 2010 we built towards First Oil from the Jubilee field, requiring intense activity. We expect spend on local suppliers to increase again with forthcoming activities in Ghana. Local supplier expenditure, Ghana$46.9 MILLION050100150200250101146.9194Water usage10,275,448m3West & North Africa 99% Rest of Group 1% 30Tullow Oil plc 2011/2012 Corporate Responsibility Report