From about 5:30, there's some brief commentary on TAP Oil from Gaurav Sodhi (Intellligent investor):
On manora: "worth about 50 cents a share" and "the company already trades at around 50 cents a share". Manora is a "low risk development" fully funded in addition, TAP has "a couple of assets it's looking to sell" - he suggests TAP could get 50 cents per share for these.
Total of $1 a share in hard asset value.
TAP Price at posting:
50.0¢ Sentiment: Buy Disclosure: Held