2nd Feb 2007 07:01
Tullow Oil PLC02 February 2007 News release Tullow Oil Plc - Awarded six blocks in UK 24th Licensing Round 2 February 2007 - Tullow Oil plc (Tullow) announces that it has been awarded sixexploration blocks in the 24th offshore Licensing Round. The licence awards,announced yesterday by Alistair Darling, the Secretary of State of Trade &Industry, all lie in Tullow's core areas of the Southern North Sea. A breakdownof the awards to Tullow is given in the table below. Block Operator Equity Core Area48/28b (Split) Tullow 100% Thames-Hewett52/3 (Part) Tullow 100% Thames-Hewett52/4b (Part) Tullow 100% Thames-Hewett52/5b Tullow 100% Thames-Hewett44/13 (Split) Gaz de France 25% CMS44/21e Tullow 100% CMS Tullow plans to acquire seismic data as a part of a full evaluation of thepotential of this acreage and anticipates that exploration wells on this acreagewill form part of the 2008 drilling programme in the UK. For further information contact:Tullow Oil plc Citigate Dewe Rogerson Murray Consultants(+44 20 8996 1000) (+44 20 7638 9571) (+353 1 498 0300) Martin Jackson Joe MurrayTom Hickey Angus McCossChris Perry Notes to Editors Tullow is a leading independent oil & gas, exploration and production group,quoted on the London and Irish Stock Exchanges (symbol: TLW) and is aconstituent of the FTSE 250 Index. The Group has interests in over 100exploration and production licences across over 20 countries and focuses onthree principal core areas: NW Europe, Africa and South Asia. Tullow's NW Europe interests are primarily focused on gas in the UK SouthernNorth Sea where it has significant interests in the Caister-Murdoch System andthe Thames-Hewett areas and operates over 60% of its production. In Africa, Tullow has exploration and production in Gabon, Cote d'Ivoire, Congo(Brazzaville), Mauritania and Equatorial Guinea and a large gas fielddevelopment and appraisal programme in Namibia. Tullow also has explorationprogrammes in Mauritania, Senegal, Cameroon, Uganda, Congo (DRC),Tanzania,Madagascar, Angola and Ghana. In South Asia, Tullow has exploration and production in Pakistan and Bangladeshand high impact exploration activities in India. Following the recently completed acquisition of Hardman Resources Limited,Tullow also has high impact exploration interests in French Guiana, Suriname andthe Falkland Islands. For further information please refer to our website at www.tullowoil.com ENDS This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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