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Africa Oil Corp
April 2012 Company Presentation
| Keith C. Hill | Page 5 of 11 |
May 29, 2016
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"Africa Oil Corp "
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5 Tullow Partnership in Tertiary and Cretaceous Rift Trend • Tullow’s Ugandan discoveries now likely exceed 2.5 BBO* in the Lake Albert region. • Tullow brings a 97% success rate to our brings new partnership. • Tullow paid $10 MM past costs and will carry AOC for next $23 75 MM for . . • Tullow brings to the partnership: – Talented exploration personnel D illi ti d t ff– r ng exper se an s aff – Seismic processing expertise – Access to the Uganda export pipeline Source: Tullow presentation – P50 Discovered and Prospective