TAP 0.00% 7.8¢ tap oil limited

is it a good time to buy tap, page-9

  1. 683 Posts.
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    Check out the announcement from Friday. The 13 3/8" casing should be cemented by now. By monday morning, the hole may be already to TD. If so, and gas is detected from mud logging data (highly likely), I expect another annoucement. If that happens, buyers have missed the opportunity to buy as $2.10. Since this well was expected to be a discovery (from seismic data, and knowledge of nearby production wells), I bet that all the well testing equipment is already in place, and well testers waiting to get to work. You don't drill a well, and not plan to test.
    A week from now, well test data may be available, and if positive, Tap will go ballistic.
    Good luck to all holders.
    DYOR, follow my advice or opinions at your own risk.
    K
 
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