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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.

Marija Stojkovic
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. Tap said it decided that a well would not be appropriate...

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