TapOil today announced first half 2011 results ended June 30, 2011.
Highlights
Managing Director, Mr Troy Hayden said:
“The first half of 2011 has been very successful for Tap with the big gas discovery at Zola, the oil discovery at Finucane South which Santos are looking to FID by the end of the year and the highly profitable equity trade on WA-351-P.
“The second half of 2011 should see some major milestones met with the booking of 6 mmbbls of 2P reserves at Manora, independent verification of the greater Zola structure being at the upper end of 1-2 Tcf and at Finucane/Fletcher – FID and the booking of 1.2 mmbbls of 2P reserves. This will put Tap in a very solid position going in to 2012.”
[mappress] Source: TapOil, August 26, 2011;