Tap Oil books additional resources for WA-49-R following successful Bianchi-1 discovery

February 2014
World Energy News;2/26/2014, p13
The article focuses on the update provided by the Tap Oil Ltd. for its ongoing operations at the WA-49-R retention lease located in the offshore Carnarvon Basin, Western Australia. The company is planning to reserve contingent resources that are available in the lease for the Bianchi-1 oil well discovery. Various analysis has confirmed that the well has moveable hydrocarbons in it including laboratory analysis, robabilistic modeling and petrophysical log analysis.


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