tap the value ...... $1.43 npv 10% nom

"A well to keep an eye on will be the Dabakan-1 well, offshore Philippines (SC-56) drilled by Exxon and BHPBP – it is targeting a large oil accumulation (we guess >100 mmbbls) and lies within 10km of SC-41 (Tap 50%). Dabakan-1 is currently drilling and should be at target during November with success likely to upgrade Taps acreage."

"Valuation $1.43 npv 10% nom "

The above amongst broad upgrade across all areas with the TAP by EUROZ SECURITIES over the weekend , should be out next week sometime .

I add that WAHOO is up there atm in TAP 50% SC-56 in the Philippines .