TAP set to push up through that key $2.00 level .... a good oil...

TAP set to push up through that key $2.00 level .... a good oil stock to hold in this current climate of strong oil prices.

33 well drilling programme this year with some high impact wells and a few with elephantine targets (eg Barque 1 targetting some 500 million barrels of oil)

Lots of "ifs and maybes" ... but with such a dynamic programme of drilling in 2005 the odds are good for a sizeable hit which would propel the share price of TAP into 'blue sky'.

It's a risk / reward play with the latter outweighing the former imo.