TAP 0.00% 7.8¢ tap oil limited

shale gas, page-14

  1. 2,669 Posts.
    Sojourner

    Excellent post - agree with your logic.
    I think everyone is waiting on the results of Bianchi-1 which I would think would tell us a lot more about the greater Zola structure.

    According to Apache drilling programme BHP/Apache are going to drill the "Tallaganda Appraisal" well later this year (or early next year). Also on the Zola prospect "Willier" and "Antiope-2" are going to be drilled within 6 months or so. By then the experts would have a much better idea of the size of Zola. After seeing what BHP got for their Browse reserves ($660M/TCF) the asset could be worth a lot of money to TAP

    http://www.businessspectator.com.au/news/2013/6/7/resources-and-energy/bhp-finalises-us163bn-browse-stake-sale-petrochina

 
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