Harriet JV Discovers Oil with South Simpson-2 Well

Tap Oil reports that the South Simpson-2 appraisal well located in TL/1 offshore Australia has reached its planned total depth and has intersected a hydrocarbon column within the Flag Sandstone reservoir objective. The well is currently being prepared to run completion for production.

The South Simpson-2 well was drilled to test a separate culmination to the southeast of the Simpson Oil Field. The well will be immediately brought onto production after completion of drilling operations at the Simpson Bravo Platform. The next well to be drilled in this sequence is Simpson-8 which is an additional interpreted drainage point to the north of Simpson-1.

Harriet Joint Venture participants are Tap Oil as operator with 12.2229%; Apache Energy with 68.5% and Kufpec Australia with 19.2771%.