maitland well

TAP have previously said that 60 PJ of gas and 1mmbls of condensate could be converted to TAP which would more than double TAP's reserves.

Preliminary reports are positive...

Progress
As of Monday 17th September Maitland-2 had drilled to its total depth intersecting the
Maitland reservoir section on prognosis. Hydrocarbon shows were observed through the
reservoir interval and wireline logging operations are currently underway.
Tap Comment
Preliminary analysis indicates that the reservoir is gas charged. After the completion of
wireline operations Maitland-2 is planned to be sidetracked in order to collect conventional
core over the reservoir interval. A horizontal sidetrack, Maitland-3H, will then be drilled and
flow tested to establish potential development production rates. The flow testing programme
is expected to commence in around two weeks time.