Harriet JV Spuds West Cycad-1 Exploration Well

Tap Oil reports that drilling operations commenced at the West Cycad-1 exploration well. The Cycad-1 well is located in Production License TL/9 and will be drilled as a vertical well to a target depth of approximately 2,116 meters.

The West Cycad-1 well is designed to test a four-way dip closed depositional mound within the Flag Sandstone up-dip of Cycad-1, drilled in 1995.

The well is expected to take approximately 9 days to reach the proposed total vertical depth.

Harriet Joint Venture participants are Apache Northwest as operator with 68.5%; Tap (Harriet) Pty with 12.2229% and Kufpec Austrlia with 19.2771%.

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