Tap withdrawing from Carnarvon basin offshore block

Offshore staff

PERTH, Australia – Tap Oil has agreed to sell its 22.474% interest in the WA-33-R permit in the Carnarvon basin offshore Western Australia to its joint venture partners Quadrant Oil and Santos.

Assuming regulatory approval, the interest would be split 12.361% and 10.113% between the respective partners.

The block contains theMaitland gas/liquids discovery.

11/30/2018