Street Talk
Tap Oil bides its time on gas sales
Sarah Thompson and Anthony Macdonald
Tap Oil may have gone quiet on the sale of its stakes in the Zola and Tallaganda gas fields in the Carnarvon Basin but there’s plenty happening behind the scenes.
The junior is thought to be sitting on a verbal offer of about $50 million for its interests in the WA-290-P and WA-351-P permits, which are well located for LNG.
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