They appear to be concentrating in and around Manora with other exploration holdings being relinquished.
I would much prefer the $$$ Manora makes given back to shareholders rather than chasing high risk exploration plays.
Will be interesting to see how successful the upcoming end of Dec quarter production uplift results will be, and whether Brent oil continues to hold around $70 US that would further increase revenues.
From my reading I have written off the latest exploration well results, hoping I’m wrong on this?
My dividend was in my bank account on 31/12.
TAP Price at posting:
13.5¢ Sentiment: None Disclosure: Held