Woollybutt Field Back on Track

Tap Oil reports that production from the #2 well on the Woollybutt Field located offshore Australia has been re-established following modifications to the pipe-work. Over the weekend production from both wells were tested to a combined rate of 40,000 bopd. Tap expects both wells to be on production and at optimum rates of around 40,000 bopd by Tuesday.

Joint Venture Participants in WA-25-L are: ENI Australia with 65%; Mobil Australia Resouces with 20% and Tap Oil with 15%.