TAP 0.00% 7.8¢ tap oil limited

the story keeps getting better for tap

  1. SCD
    3,438 Posts.
    The story keeps getting better for TAP...

    NGC last night said it was entering into commercial arrangements to buy gas from the Kahili partners - Tap Oil 30% - for the duration of the field's life.

    Kahili-1B, was expected to produce approximately 5 bcf and 150,000 bbls of condensate and gas recovery could increase if the Kahili partners decided to drill additional wells in the future.

    Apparently, extended flow test results have confirmed that productivity has increased by 40% with gas likely to flow at 3.5 mmscf per day.
 
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