
"Tullow has continued its strong performance in the second half of 2011. The Group is delivering record cashflows, underpinned by production from the Jubilee field. The Exploration and Appraisal programme continues to deliver excellent results with a 71% success ratio year-to-date, including the basin opening Zaedyus well in French Guiana. In addition, Tullow has signed new contracts in Mauritania with Tullow as Operator and a new Petroleum Agreement for the Kudu field in Namibia. In Uganda, despite further delays, final approval from the Government is expected shortly to enable the farm-down to CNOOC and Total to complete." Separately the Co announced the appointment of Simon Thompson as non-executive Chairman with effect from 1 January 2012"