TAP 0.00% 7.8¢ tap oil limited

When Tap preempted Roc's sale to Woodside and on-sold it to some...

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. 2,669 Posts.
    When Tap preempted Roc's sale to Woodside and on-sold it to some Asian crowd, BHP preemted that sale and sold it to Apache. So they cared enough then as to who their J/V partner was.

    I am quite sure BHP would rather have someone like Woodside or Chevron (who have common interests with BHP) than Northern as a joint venturer.  With Chevron as a joint venturer there could well be synergies eg processing gas through Gorgon or Wheatstone.
    Last edited by coopec: 27/01/15
 
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.