Harriet JV Spuds Marley-1 Exploration Well Offshore Australia

Tap Oil reports that the Marley-1 exploration well, located in permit TL/5 in the Barrow sub-basin, approximately 3.5 kilometers west-southwest of the existing Campbell Platform was spudded on December 9, 2005.

The well has drilled ahead to 738 meters measured depth and will drill ahead to a total depth of 4,132 meters measured depth.

The Marley-1 well is designed to test equivalents to the Linda Field Biggada Sandstone in a large structural / stratigraphic prospect with the potential to contain recoverable hydrocarbon volumes of greater than 1 Tcf of gas and associated condensate.

The Harriet Joint Venture well is expected to take approximately 40 days to reach total depth.

TL/5 Joint Venture participants are Apache Northwest Pty Ltd. as operator with 68.5%; Tap (Harriet) Pty Ltd with 12.2229%; and Kufpec Australia Pty Ltd with 19.2771%.

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