? Tullow reserves1 – 354 mmboe ? Hardman Resources reserves 1,2 – 105 mmboe - Chinguetti full development - 19 mmboe - Tiof Phase 1 – 13 mmboe - Tevet and Tiof future developments – 58 mmboe - Mputa/Waraga discoveries – 15 mmboe ? Mauritanian gas discoveries – 70 mmboe - 292 bcf from Banda - 130 bcf from Pelican ? Further potential - Potential to double Uganda reserves with Nzizi - Significant Ugandan upside - Active Mauritanian exploration program
Tullow Tullow and Hardman Reserves (mmboe) 354 105 354 354 mmboe 459 mmboe Notes 1. Reserves are 2P Commercial and Contingent 2. Tullow’s estimate of Hardman Resources current reserves, based on public data
This is from the Tullow presentations. A$2.02 per share offer amounting to an approximately A$1.4 billion offer.
NEN Price at posting:
33.0¢ Sentiment: Buy Disclosure: Held