Tullow expects production from TEN to be about 50,000 barrels per day in 2017 — down from a forecast 65,000 bpd — due to issues with managing reservoir pressures in Enyenra and because no new wells can be drilled until after a maritime boundary dispute between Ghana and the Ivory Coast has been resolved.

The International Tribunal on the Law of the Sea should make a ruling in the fourth quarter.

TEN