Tap well placed for Thai acquisition

TAP Oil has raised $57 million to help fund the acquisition of a majority stake in Thailand-focused Northern Gulf Petroleum despite the retail component of its entitlement offer falling short.

Tap well placed for Thai acquisition 
Tap well placed for Thai acquisition 
Tap well placed for Thai acquisition 
Tap well placed for Thai acquisition 
Tap well placed for Thai acquisition

Last month, the company raised $37 million from the institutional component of the $69 million one-for-two entitlement offer and $13 million from a placement.

loader