Very interesting move by TAP.The La Bella gas/condensate field...

Very interesting move by TAP.
The La Bella gas/condensate field was discovered in 1993 by BHP Petroleum when La Bella-1 intersected hydrocarbons in the Flaxman (15m gross column) and Waare (65m gross column)
formations.
The field is estimated to contain a 2C Contingent Resource of 114 petajoules (PJ) of gas and 1.4 million barrels of condensate, while the adjacent leads have been assessed to have the potential contain an additional 500 PJ or more of recoverable gas.
Located 200 km WSW of Melbourne, the potential commercialisation of La Bella benefits
significantly from the field’s proximity to gas pipeline and processing infrastructure and to a rapidly
growing Eastern States gas market.