TAP 0.00% 7.8¢ tap oil limited

marley 2 in target sands

  1. 408 Posts.
    So a very late and very reserved release. Don't get too excited. But a recap is in order re Marley:
    "High impact gas game changer"
    "Potential to double TAP Oil's existing reserves (6.5Mboe)"
    "Adjacent to existing JV infrastructure"
    Given a 20pc chance of success after Marley 1
    "Very large structure potential for 1Tcf" (~1000PJ)
    "If marley is successful then additional potential for deep gas in Harriet JV acreage"
    12.5% of HJV...

    In reservoir sands with gas shows...100m in, 250m to go to TD, logging to follow...

    So keep it very low key - we don't want to be disappointed.
    Do we?
 
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