Harriet JV Spuds Mohave-1 Exploration Well

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Tap Oil reports that the Mohave-1 exploration well spudded on July 10, 2005 by the Ensco 106 jackup. The well is located in the Harriet Joint Venture Permit, TL/6, and is being drilled from the Victoria Platform, as a sidetrack of the North Pedirka-1 borehole. The objective lies approximately 1.9 kilometers to the northeast of the platform. The well is currently drilling ahead and will continue to drill to the planned deviated total depth of 2,900 meters.

The Mohave-1 exploration well is designed to evaluate a small Flag Sandstone prospect on trend with the North Pedirka Oil Field.

Mohave-1 is expected to take 5 days to reach its programmed total depth of 2,900 meters Measured Depth. If successful, the Mohave-1 well will be quickly brought onto production from the existing facilities on the Victoria Platform.

TL/6 Joint Venture participants are Apache as operator with 68.5%; Tap with 12.2229% and Kufpec with 19.2771%.

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