Tullow Oil is a global oil and gas exploration company founded in 1985 with 669 employees headquartered in London, UK. They operate in Africa, Europe, South Asia and South America with 85 licenses across 22 countries and have discovered new oil provinces in Ghana and Uganda. In 2009, Tullow Oil suffered difficulties with revenue falling, debt doubling and earnings per share dramatically declining compared to previous years. However, their future prospects center around operations in Africa where production from a new field off Ghana is predicted to double their African output and a promising development in Uganda was also found.