I can only assume Tap will not be participating in Bianchi-1...

I can only assume Tap will not be participating in Bianchi-1 since no mention is made in Presentations.

"TAP Oil (ASX:TAP) is still engaged in finding potential buyers for its Zola and Tallaganda gas discovery in offshore Carnarvon Basin as to ..."

My guess is that interested parties are currently conducting due diligence on Zola/Tallaganda before presenting their offers. As I don't believe this would be a protracted process my guess is that we will all know shortly.