EXPLORATION

Zola prospect on the cards for Apache

TAP Oil has farmed out a 10% interest in WA-290-P to Apache Energy to facilitate the drilling of the Zola prospect, which potentially holds a trillion cubic feet of gas, as early as the fourth quarter.

Marija Stojkovic

Apache will earn the 10% interest in the permit, located south of the Gorgon gas field in Western Australia's Carnarvon Basin, by paying a share of the costs of the Zola-1 well. Tap will retain a 10% interest....

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