Bar chart shows Operating cashflow and capital investment for the past 3 years. Figures broken between ‘Capital investment - ‘exploration’ and ‘Production and development’, and ‘Operating cashflow’.
No absolute totals are given for each year.
Tullow demonstrated strong cashflow growth in 2007 which enabled us to continue our aggressive growth in capital investment. During 2007, approximately 48% of our investment was allocated to production and development assets, with the balance invested in our exploration portfolio.
The success of our 2007 exploration programme has led to major appraisal and development programmes in 2008. Our assets in Ghana and Uganda will together account for over 50% of expenditure during the year.