Tap Oil Limited - Profile Company Report Australia

31-12-2011, 10 pages

Tap Oil Limited is an Australian public company involved in gas and oil exploration and gas marketing. With headquarters in Perth, the company has operations in Australia, Ghana and South-East Asia. Tap Oil is listed on the Australian Stock Exchange under the code TAP.

Tap Oil Limited is engaged in oil and gas exploration at the following locations:

Australia - The Zola-1 gas well at the Carnarvon Basin, part of Australia's North Western Shelf, the most prolific oil and gas-producing basin in Australia.

Ghana - Tap owns a 45% interest in the Offshore Accra Contract Area, and has begun exploring for oil.

Thailand - Tap owns a 30% stake in three permits located in the gulf of Thailand, which were acquired through its acquisition of 75% of Northern Gulf Petroleum Pte Ltd. Oil exploration is ongoing in these regions.

The company has interests in production through two joint ventures: the Harriet Joint Venture, in which Tap holds a 12.22% interest, produces oil and gas; and the Woollybutt Joint Venture, in which Tap holds a 15% interest, produces oil.

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Company profile reports provide key information on the Top 2000 earning companies in Australia. Reports include a written description of a company, its history, brands and products, contact details and key personnel, operating and legal structure, financial data, industries of involvement and business service providers.