TAP tap oil limited
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Sept 9 (Reuters) - Tap Oil Ltd (TAP) : SIGNED A SALE AND...

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    09/09/19
    11:30
    Post #: 40357763

    Sept 9 (Reuters) - Tap Oil Ltd (TAP) :

    • SIGNED A SALE AND PURCHASE AGREEMENT (SPA) WITH KENSINGTON ENERGY PTY LTD.
    • TRANSACTION WILL RESULT IN TAP BOOKING A PROFIT ON SALE OF US$2.58 MILLION AFTER TAX
    • TRANSACTION INVOLVES CO SELLING 20% PARTICIPATING INTEREST IN BHP OPERATED WA-72-R & 15% PARTICIPATING INTEREST IN ENI OPERATED WA-25-L
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