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Tullow Oil PLC
|
2024 Full Year Results Presentation
| Rahul Dhir; Richard Miller | Page 4 of 11 |
July 16, 2025
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"2024 Full Year Results Presentation"
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Addressing upcoming debt maturities Maintaining operational performance and strengthening our balance sheet 4 Delivering our plans and realising our potential Tullow | 2024 Full Year Results Financial Operational 2024 performance 2025 catalysts Financial Operational Agreed HoTs for $300 million sale of Gabon business Enablers for 2P reserves increase through resource maturation Return to drilling in Ghana (one producer and one water injector) Resolution of outstanding GRA claims Continued deleveraging Extension of $250 million RCF Operating efficiency of 98% Drill campaign completed early and under budget Reduction in emissions by 8% Successful outcome of Ghana BPRT arbitration Repayment of 2025 Notes at maturity Completed 4D seismic survey across Jubilee and TEN Lower Jubilee production in 2H24 Downward 2P revision in Jubilee