Harriet JV Finds Oil with Simpson-6 Well

Tap Oil reports that the Simpson-6 well, drilled from the Simpson Bravo platform located in license TL/1 offshore Australia, reached total depth and intersected a 14 meter gross oil column at the top of the Flag Sandstone and will now be completed as an oil producer to be brought on stream immediately.

The three wells Simpson-8, Tanami-7 (previously reported) and now Simpson-6 have been drilled out of the one well path to evaluate additional reserves in the Simpson/Tanami group of oil fields. This program has resulted in the intersection of a 14 meter oil column at Simpson-6. Further locations are being considered for future drilling.

TL/1 Harriet Joint Venture participants are Apache Energy as operator with 68.5%; Tap Oil with 12.222% and Kufpec with 19.2771%.