Tap Oil Limited is an independent oil & gas exploration and production company with interests in Australia and South East Asia.
Headquartered in Perth, Western Australia, Tap was incorporated on 14 March 1995 and subsequently listed on the Australian Securities Exchange (ASX:TAP) in September 1996. At the time, Tap’s primary asset was 12.2229% of the Harriet oil and gas fields obtained from Marubeni Oil.
In 1997, Tap farmed into WA-234-P and participated in the Woollybutt exploration well, resulting in a commercial oil discovery. Commissioned in 2003, the Woollybutt field has exceeded expectations and produced 29 million barrels of oil from an estimated 40 million barrels ultimately recoverable.
In 2006, Tap expanded its focus to include South East Asia by acquiring interests in the Philippines and Borneo.
In addition, Tap has acquired a significant offshore acreage position in the Australian North West Shelf and intends to continue a measured exploration and development program over the coming years.
Latest Media Releases
Latest News
Company News /
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8 years ago
18 Jan 2016 - Tap Oil Limited (ASX:TAP) says it has settled a long running dispute with the operator of its Manora Oil Development.
Company News /
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9 years ago
09 Mar 2015 - Tap Oil Limited (ASX:TAP) has won two new exploration permits on the North West Shelf off Western Australia.
Company News /
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9 years ago
06 Mar 2015 - Oil and gas producer Tap Oil Limited (ASX:TAP) confirms it is reviewing its business and asset base in response to a volatile market.
Company News /
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10 years ago
27 Mar 2014 - Roc Oil Company Limited (ASX:ROC) scores a production sharing contract for shallow water Block M07 offshore Myanmar.
Resources Corner /
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11 years ago
20 Dec 2012 – The RBA warns non-mining sector growth will be slower than expected
Market Reports /
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11 years ago
17 Dec 2012 - ASX poised for soft start. Clough Limited (ASX:CLO) rises after boosting its annual revenue and earnings before interest and tax guidance.
Market Reports /
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13 years ago
02 Jun 2011 - Stocks plunge. BHP Billiton Ltd (ASX:BHP) exercises its right to buy a gas exploration permit offshore Western Australia from Tap Oil Ltd (ASX:TAP).