Investor Update 1. Year in review 1 2. Exciting start to 2012 14 December 2011 www tapoil com au www.tapoil.com.au This presentation contains some references to forward looking assumptions, representations, estimates,…
Corporate Profile Tap Oil Profile Tap Price / Volume Chart 1.20 Tap Oil (ASX: TAP) is an independent oil and 1 00 1.00 gas exploration and production company, 0.80 headquartered in Perth, Western Australia 0.60 0.40 The asset…
2011 Achievements; Promising Start to 2012 Delivered on projects in 2011 15 million profit plus a carry on Tallaganda-1 from WA-351-P transaction Two significant exploration discoveries in Western Australia - Zola-1 and Finucane…
Balanced Asset Portfolio Appraisal / Production / Exploration p Development Sales Broad Portfolio Thailand Oil WA Oil & Gas WA Gas & Oil M Manora oilil fi field ld Harriet JV (6.1 mmbbl 2P reserves + Thailand Oil 3.2 mmbbl…
Production Harriet Joint Venture Tap 12.2229% Spread of multiple fields and wells with track record of reserves replenishment Average production rates (net to Tap) for the September quarter Gas 8.1 TJ/d Oil 395 bopd Large scale…
WA-351-P: Highly Prospective Acreage (Tap 20%) Triassic potential of 2-3 Tcf (gross) in a proven province, with further upside in the Jurassic Chance of success over 50% for a number of targets Hess has recently awarded a…
WA-351-P: Tallaganda ((Tap p 20%)) Strong seismic amplitudes within closure and AVO support in the Tallaganda Fault Block are indicative of reservoir and gas Tallaganda high graded as attractive prospect and potential early…
WA-290-P: Zola-1 Major Gas Discovery ((Tap p 10%)) Located on trend and immediately south of the giant Gorgon gas field, Zola-1 major gas discovery independently confirmed to contain a 2C Resource of 346 Bcf (and up to 584 Bcf)…
WA-191-P: Finucane/Fletcher Oil Development ((Tap p 8.2%)) Finucane South oil field discovered in May 2011 Approx 18.5 m of excellent quality net oil pay in the Late Jurassic Angel formation When combined with the nearby…
Thailand (Tap 30%) Prolific oil and gas province. Stable regulatory and fiscal regime Operated O t d by b experienced i d operator, t P Pearll E Energy 2P reserves of 6.1 mmbbls (Tap share) booked in October 2011 Ultimate p…
Ghana: Accra Contract Area ((Tap p 40.5%,, Operator) p ) Financially and politically stable regime Water depths 50 m to 2,500 2 500 m 3D seismic survey over deepwater leads completed in February y 2011 Multiple large…
Reserves / Resource Outlook Reserves/Resource Size (mmboe) Timing (to 2P reserves) Proved & Probable Reserves ((2P)) 8.1 At 31 October 2011 Third Party Gas* 4.1 At 30 June 2011 Contingent Resources (2C) Zola / Antiope 6.8 2014/15…
Plenty of Near Term Activity Indicative Timing Tap p P j t Project Share Q1 Q2 Q3 Q4 Australia Carnarvon Basin FID plus Reserves WA-191-P 8.2% Booked Drilling WA-290-P 10% Drilling Drilling WA-351-P 20% Drilling HJV…
6 Month Outlook, Price Catalysts Tallaganda-1 well to be drilled in the highly prospective WA-351-P permit in the Carnarvon Basin, Western Australia. Tap is carried on this well up to 10 million FID and booking of 2P reserves for…
Appendix www tapoil com au www.tapoil.com.au This presentation contains some references to forward looking assumptions, representations, estimates, budgets, and outcomes. These are uncertain by the nature of the business and no…
Capital Structure Top 20 Shareholders as at 12 December 2011 Name Shares % Top 20 shareholders 65% HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED NATIONAL NOMINEES LIMITED 53,927,417 19 470 418 19,470,418 22.38 8 08 8.08 Institutional…
Loading...
