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MARKETS

Tap flags Zola withdrawal

TAP Oil’s gradual disengagement with Australia has reached a new level with the company revealing it is in the process of handing its 10% share of WA-49R – host to the Zola and Antiope gas discoveries – to its partners.

Haydn Black
4Tap.jpg

4Tap.jpg

The retention lease is coming up on a renewal at a time when the offshore regulator is looking more closely at the commercial potential of undeveloped gas discoveries.   The lease sits in the Carnarvon...

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