EXPLORATION

Tap optimistic of SC41 potential

TAP Oil's confidence in its service contract 41 in the Sulu Sea, Philippines, has received a boost after ExxonMobil encountered hydrocarbons while drilling in the adjacent SC56.

Marija Stojkovic

Tap is maturing a number of 100 million barrel sized prospects in SC41 for potential drilling late next year and said the prospects were likely to be enhanced by the release of Exxon's drilling results....

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