new oil discovery

Great announcement yesterday with the exploration well Mohave 1 coming in with a 13 mtr oil column.
Initial production rates will be in excess of 5000 bod
The well being a being a excellent quaility reservoir bodes wel for the next target being stuart 1.

I feel the tide has turned for TAP and with more then a dozen drill to go we should see quite some upside for this one.
Just keep in mind that if only Jacala comes in with the potential of holding 1 billion barrels , TAP will go up in value at least 10 times!!!!
This was stated by the company itself in an earlier interview.
So you can just imagine how much upside TAP has.
On top of this they have a share buy back at the moment as they are swimming in cash.

Keep on tapping

jojo