TAP coming good now with oil well over $80, and 2010 underway. TAP is a mid-cap oil producer that is seriously undervalued, has huge prospects, and is now in a decent uptrend.
Recent/upcoming events:
- TAP appoints the former Woodside Chief Financial Officer to the board
- Woollybutt dry docking ending (now)
- Carnavon basin Q1 2010
- WA-351P (Northwest shelf, 2-12TCF) Q2 2010
- SC41 (Philipines) in 2010 (100-200mmbo)
These last two targets are seriously massive and are in extremely well respected areas (see Exxon's massive hit in the neighbouring permit and the other permit holders i.e BHP).
Forget Artemis drills and rubbish like that, these are huge plays at low risk due to production profile, gas sales and cash in bank. Just imo, dyor
TAP coming good now with oil well over $80, and 2010 underway....
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