Tap to book reserves in next quarter

TAP Oil will look to book reserves from Thailand and Western Australia in the next quarter, with the company holding no debt and $53 million in cash on the back of an almost 30% lift in quarterly sales revenue.

29 July 2011
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While production was down 2% quarter on quarter to 227,429 barrels of oil equivalent, the company bagged $13.3 million in oil and gas revenue.

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