TAP 0.00% 7.8¢ tap oil limited

Ann: MNA-23H and MNA-24H Development Well Results, page-3

  1. 117 Posts.
    lightbulb Created with Sketch. 8
    370 series are thin reservoir sands with ultra-thin productive interval, Though the initial production in each well around 1000 bbl/day looks impressive the production volume declines rapidly. I doubt if the temporary boost in production would even cover the cost of drilling these horizontal wells?
 
watchlist Created with Sketch. Add TAP (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.