(TLW.L) Tullow Oil PLC Buy/Sell

RNS Number : 1181C Tullow Oil PLC 06 November 2009

BLOCKLISTING SIX MONTHLY RETURN

Information provided on this form must be typed or printed electronically.

To: The FSA
The Irish Stock Exchange

Date: 06 November 2009

1. Name of applicant:

Tullow Oil plc

2. Name of scheme

Tullow Oil 2000 Executive Share Option Scheme ('2000 Scheme')

3. Period of return:

From: 5 May 2009 To: 4 November 2009

4. Balance under scheme from previous return:

1,710,991 - 2000 Scheme

5. The amount by which the block scheme has been increased, if the scheme has been increased since the date of the last return

7,000,000

6. Number of securities issued/allotted under scheme during period:
2,267,849 ordinary shares of 10p each issued under the 2000 scheme

7. Balance under scheme not yet issued/allotted at end of period
6,443,142 ordinary shares 10p split

6,443,142 - 2000 Scheme

8. Number and class of securities originally listed and the date of admission 2,200,000 ordinary shares of 10p each admitted on 5 November 2003
1,700,000 ordinary shares of 10p each admitted on 9 June 2004
5,000,000 ordinary shares of 10p each admitted on 11 October 2004
4,859,883 ordinary shares of 10p each admitted on 30 November 2006
3,500,000 ordinary shares of 10p each admitted on 23 March 2007
6,925,633 ordinary shares of 10p each admitted on 21 May 2008
7,000,000 ordinary shares of 10p each admitted on 20 August 2009

9. Total number of securities in issue at the end of the period

803,795,253

Name of contact: Richard Taylor

Address of contact 3rd Floor Building 11 Chiswick Park 566 Chiswick High Road

London W4 5YS Telephone number of contact 0208 996 1000

Signed by *Richard Taylor Director/company secretary/suitably experienced employee/duly authorised officer, for and on behalf of

Name of applicant *Tullow Oil plc

This information is provided by RNS The company news service from the London Stock Exchange

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CAPE TOWN, Nov 5 (Reuters) - The construction of the long-delayed gas-to-power Kudu project in Namibia, expected to generate 800 megawatts of electricity, will start in January, the head of Gazprom International said on Thursday.
Boris Ivanov, head of the international arm of Russian gas export monopoly Gazprom, said Namibia had chosen Gazprom to set up a new consortium with Namcor and Tullow Oil to complete the historic project.
"We will build and will start the project in January ... that will be the first of a gas monetisation strategy that we are trying to implement in Africa in general and in Namibia in particular," Ivanov told an African oil conference in Cape Town.
Gazprom in June signed a memorandum of understanding with Namibia's Namcor to help organise funding for the $1.2 billion project.
The project involves pumping gas from the Kudu field about 170 km (100 miles) offshore to an 800 MW combined cycle gas power station at the coast in the south of the country.
It has been delayed due to disagreement over commercial terms, as well as technical difficulties in piping the gas.
Ivanov said Gazprom had agreed for South Africa's utility Eskom to buy 500 MW of that power, with the remaining 300 MW to go to Namibia.
"We have made an understanding on paper with Eskom about a power purchase agreement for the future electricity offtake from this project ... Eskom wil be buying 500 MW ... 300 MW will go to the Namibian government," he said.
A Tullow Oil official said earlier this week that it would take up to 36 months from the signing of the deal to produce the first gas.
(Reporting by Agnieszka Flak; Editing by Keiron Henderson) (For more Reuters Africa coverage and to have your say on the top issues, visit: http://af.reuters.com) Keywords: AFRICA OIL/KUDU

(agnieszka.flak@reuters.com; +27 11 775 3154; Reuters Messaging: agnieszka.flak.reuters.com@reuters.net)

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By Elias Biryabarema

KAMPALA, Nov 4 (Reuters) - Uganda intends to woo Chinese investment to boost the country's efforts in adding value to exports and to tackle energy and infrastructure handicaps, government officials said.
China's commercial footprint has been expanding in Uganda over the last five years. It was the third biggest FDI source in the third quarter of 2009 after India and Britain, according to the Uganda Investment Authority (UIA).

"Our prime economic interest in China is if they can invest in our processing industry, infrastructure and energy, including nuclear energy, as the president has emphasized in the past. That would be a good partnership," President Yoweri Museveni's spokesperson, Tamale Mirundi, told Reuters.
He said Museveni plans to attend a China-Africa Summit in Egypt later this month. Trade between the continent and China has grown at 30 percent a year, climbing to $107 billion in 2008 to eclipse the United States for the first time.
Museveni has previously named modern, high-speed railways and a refinery for Uganda's newly-found petroleum deposits as some of the immediate projects the Chinese can invest in.
Landlocked Uganda still depends for a great deal of its external trade on the derelict and inefficient Uganda-Kenya rail line to get its exports to sea, blunting the goods' competitiveness and stifling economic growth.
The volume of trade between Uganda and China remains relatively small and heavily imbalanced in favour of China.
Uganda imported goods worth $274.2 million from China in 2007 compared with 138.2 million in 2006, according to a Uganda Bureau of Statistics report that did not give export figures.

A delegation from the Industrial and Commercial Bank of China -- which holds a 20 percent stake in Standard Bank, Africa's biggest bank by assets, -- met Museveni in June and said it was interested in a partnership for the refinery.
Uganda is locked in a dispute with the exploration companies Tullow Oil, Heritage Oil and Gas of Canada over whether the country should refine its petroleum, an option the government prefers, or export crude.
The east African country has estimated reserves of 2 billion barrels and levels are forecast to grow substantially over the next few years.
"The exploration companies don't want us to refine our oil but we're saying no. The president thinks the Chinese can come in with their vast expertise to help us acquire refining capacity," Tamale said.
Uganda mainly exports cotton, leather, coffee, fish, and minerals to China and buys textiles and garments, footwear, porcelain, enamel, mechanical and electrical goods.
Keith Muhakanizi, a top Treasury official, told Reuters that Uganda was targeting China's huge investment funds.

China has "enormous investment funds capable of undertaking huge infrastructure projects in energy and infrastructure and these are the areas where we're focusing our efforts," he said.

(Editing by Helen Nyambura-Mwaura; Editing by Ron Askew) (For full Reuters Africa coverage and to have your say on the top issues, visit: http://af.reuters.com/) Keywords: UGANDA CHINA/

(Email: nairobi.newsroom@reuters.com, tel 254 20 222 4717)

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Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.

CAPE TOWN, Nov 3 (Reuters) - Liberia may have oil resources of over a billion barrels, with the first well expected to be drilled next year, a senior national oil company official said on Tuesday.
Marie Leigh-Parker, NOCAL's senior vice president for administration and finance, said the first well would be drilled by Anadarko Petroleum next year.
"We are hoping to get more than a billion barrels of oil," she told Reuters on the sidelines of an Africa oil conference.
Liberia also expects to conclude the bidding process for off-shore oil exploration blocks 1 to 5 by the end of this year, with some 11 companies, including majors, interested so far.
Leigh-Parker said NOCAL has given Hong Kong Tong Tai, a Hong Kong/Chinese international petroleum corporation, until Nov. 15 to amend their bid for blocks 6 and 7 or it will include the blocks, which NOCAL has offered to the company, in the third bidding round.
"We told them that by the 15th of November we have to finalise the deal or we include the blocks in the (third) bid round," she said.
Oil companies exploring in the country also include Oranto, Broadway Petroleum, European Hydrocarbons, Spanish oil company Repsol and Tullow Oil.

(Reporting by Agnieszka Flak and Wendell Roelf; editing by James Jukwey) Keywords: AFRICA OIL/LIBERIA (agnieszka.flak@reuters.com; +27 11 775 3154; Reuters Messaging: agnieszka.flak.reuters.com@reuters.net)

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Copyright Thomson Reuters 2009. All rights reserved. The copying, republication or redistribution of Reuters News Content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters.