TAP 0.00% 7.8¢ tap oil limited

July 24 (Reuters) - Tap Oil Ltd (TAP) : FINANCIAL STATEMENTS...

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    July 24 (Reuters) - Tap Oil Ltd (TAP) :

    • FINANCIAL STATEMENTS FOR HY EXPECT NON-CASH PRE-TAX IMPAIRMENT OF US$4.84MILLION IN RESPECT OF CARRYING VALUE OF MANORA OIL FIELD ASSET
    • EXPECTED IMPAIRMENT DUE TO SIGNIFICANT FORECAST REDUCTION IN OIL PRICES
    • REVISED PROVISION FOR RESTORATION COSTS ATTRIBUTABLE TO MANORA FROM US$12.81 MILLION TO US$16.45 MILLION
 
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