Our vision

Our vision is to be the leading global independent exploration and production company by:

• Building on our excellent track record through being the best in all that we do;
• Continuing to grow value over the long-term as partner, operator and employer of choice; and
• Conducting our operations with respect for the people and environments in which we work.

Our strategy

Tullow pursues a consistent and repeatable strategy which seeks to deliver sustainable long-term growth with a balance between funding, exploration and production spend and major activities in core areas.

We will achieve this by:

• Delivering major projects, with a significant focus on increasing bankable reserves;
• Executing selective, high-impact exploration programmes funded by surplus cash flow or equity;
• Managing our assets to high-grade the portfolio, replenish upside and assist funding needs;
• Ensuring safe people, procedures and operations, and minimising environmental impacts;
• Building long-term relationships with local governments, communities and key stakeholders; and
• Continuing to develop a strong team with excellent commercial, technical and financial skills.

Our strategic objective

To deliver top quintile total shareholder returns versus our industry peer group.