As per the Philippine Stock Exchange, Inc. daily drilling bulletin. 5th Aug 2008
As at 0600 Hrs
Tap Oil (Philippines) Pty. Ltd. (TAP), operator of the Service Contract (SC) No. 41, has frilled the 17.5-inch hole section down to a depth of 1,849.55 meters, an advance of 193.45 meters since yesterday. The operator is currently drilling ahead down to the section’s total depth. The programmed total depth of the well is approximately 3,000 meters.
MI
TAP Price at posting:
0.0¢ Sentiment: None Disclosure: Held
