Search results for: Tap Oil

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  • 13 September 2019
    Business & Finance

    Tap Oil has completed the sale and purchase agreement with Kensington Energy and has sold its residual Australian and New Zealand portfolio to Kensington.

  • 7 February 2018
    Business & Finance

    Australia’s oil and gas company Tap Oil has appointed a new non-executive director of the company.

  • 14 March 2017
    Business & Finance

    Australia’s oil and gas E&P company Tap Oil has named Pantapom Panyarporn as alternate director to Frank Sakda Sreesangkom, effective Tuesday, March 14.  According to information provided on the Australian Securities & Investments Commission (ASIC) website, a company director can appoint someone to act as an alternate director for a set period of time and can […]

  • 23 February 2018
    Business & Finance

    Australia’s oil and gas company Tap Oil has appointed one of its non-executive directors to the position of chairman.

  • 30 November 2018
    Business & Finance

    Tap Oil has entered into a sale and purchase agreement for the sale of its non-operated interest in WA-33-R, in the offshore Carnarvon basin of Western Australia. 

  • 31 August 2015

    Australia’s Tap Oil will not be selling a share in what it describes as its flagship asset, the Manora field in the Gulf of Thailand. In a statement on Monday, Tap Oil said it had completed a strategic review of its business and asset base, initiated earlier in 2015 in response to the significant change in […]

  • 14 June 2017
    Business & Finance

    Australia’s oil and gas exploration and production company Tap Oil has agreed to sell an interest in a permit off W. Australia to a private E&P company. Tap Oil said on Wednesday it was going to sell its 20 percent interest in permit WA-8-L as a part of its strategy to realize value from its non-core […]

  • 5 December 2016
    Business & Finance

    Independent oil and gas company Tap Oil has appointed non-executive director James Menzies to the position of executive chairman effective from December 15, 2016. To remind, Menzies joined the Tap Oil board in May 2016 replacing Mike Sandy as an independent non-executive director. Tap Oil said on Monday that Menzies would succeed current chairman Doug Bailey, […]

  • 6 January 2020
    Project & Tenders

    Italian oil and gas company Eni and its partners have decided to surrender their interests in the WA-34-R joint venture located offshore Australia. 

  • 23 December 2015

    Tap Oil and Quadrant Northwest (formerly Apache Northwest) have reached a settlement in a financial dispute regarding a licence in the Carnarvon Basin, offshore Australia.  Tap Oil has reached a settlement with Quadrant Northwest on the basis that Apache’s claim against Tap is dismissed with Apache paying Tap costs of A$50,000 ($36,190), Tap said on Wednesday. On September 1, 2014, Tap […]

  • 14 December 2018

    Joint venture partners in the Manora oil field offshore Thailand have signed a new offtake agreement regarding the marketing of crude from the field at a slightly improved price.

  • 21 August 2019
    Exploration & Production, Project & Tenders

    Mubadala Petroleum has completed a three-well development drilling program at its Manora field in the Gulf of Thailand.

  • 6 March 2015
    Business & Finance

    Tap Oil Limited has informed it is reviewing its business and asset base in order to “respond to the recent change in market conditions in the oil and gas sector and to maximise value for all shareholders”. Namely, the receipt of the proposal from Chatchai Yenbamroong (a Thai entrepreneur and substantial Tap shareholder) to replace three […]

  • 17 May 2017
    Business & Finance

    Joint venture partners in the Manora oil field offshore Thailand have signed a new offtake agreement in relation to the marketing of crude from the field at an improved price.  The Manora oil field is located in the G1/48 concession in the Gulf of Thailand where Mubadala Petroleum is the operator with a 60 percent interest. The remaining interest is held […]

  • 9 September 2019
    Business & Finance

    Tap Oil has signed a sale and purchase agreement (SPA) with Kensington Energy, a privately-owned Australian oil and gas investment company, to sell its residual Australian and New Zealand portfolio. The transaction involves Tap selling a 20% participating interest in the BHP-operated WA-72-R, which contains the Tallaganda gas discovery and for which Tap has booked […]

  • 27 August 2015
    Business & Finance

    Tap Oil Limited has formalised its entry into Myanmar following the signing of the Production Sharing Contract (PSC) for the shallow water Block M-7 in the Moattama Basin, offshore Myanmar.  Tap holds a 95% participating interest in the M-7 Block and has assumed operatorship. Tap Energy (M7) Pte. Ltd, and its local joint venture participant, Smart E&P […]

  • 24 May 2016
    Business & Finance

    Australia’s oil and gas exploration and production company, Tap Oil, has announced the appointment of Frank Sakda Sreesangkom, James Menzies and Peter Mansell as directors of the company. According to Tap Oil’s press release on Tuesday, the board changes come as a part of a board renewal plan where the company plans to structure the […]

  • 30 April 2018
    Exploration & Production, Project & Tenders

    Mubadala Petroleum is preparing to drill an exploration well at the Manora field located in the G1/48 concession in the Gulf of Thailand.

  • 20 March 2019

    Mubadala Petroleum has approved a 2019 work program and budget for four firm wells and one contingent well at the Manora oil field in G1/48 located in the Gulf of Thailand.

  • 9 September 2016
    Exploration & Production, Project & Tenders

    Oil and gas company Mubadala Petroleum has hit oil at the appraisal well on the Manora Oil Development located in the Northern Gulf of Thailand.  Mubadala is the operator of the G1/48 concession, where the development is located, with 60% interest while its partners Tap Oil and Northern Gulf Petroleum have 30% and 10% interest, […]

  • 15 January 2016

    Tap Oil Limited has reached a deal with the operator of the Manora oil development in Thailand, Mubadala Petroleum, for the settlement of the final capital costs of the Manora field facilities. On March 2, 2015, Tap announced an unexpected capital expenditure increase of $28 million ($8.4 million Tap share) for the construction of the Manora oil facilities […]

  • 31 October 2011
    Business & Finance

    Tap Oil Limited an independent oil & gas exploration and production company with interests in Australia and South East Asia announces quarterly report for the quarter ended 30 September 2011. HIGHLIGHTS Sales revenue of over $28 million – up over 100% due to increased oil liftings Greater Zola Structure exceeds the upper end of Tap’s 2 […]