Tap leaves Philippines permit

TAP Oil has relinquished its interest in service contract 41 in the Sulu Sea, southern Philippines, after it was unable to secure a farm-in partner to be able to proceed with the block's work program.

Tap leaves Philippines permit Tap leaves Philippines permit Tap leaves Philippines permit Tap leaves Philippines permit Tap leaves Philippines permit

Under the service contract, in which Tap held a 50% interest and was operator, the work program required a commitment to drill a well by May 2011.

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