Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/tap-oil-gets-time-to-acquire-stake-in-permit-vicp6.shtmlTap Oil gets time to acquire stake in permit VIC/P67
Australian energy company WHL Energy Limited has agreed to grant an extension to Tap Oil Ltd (TAP) for the election date of the seismic option to
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Australian energy company WHL Energy Limited has agreed to grant an extension to Tap Oil Ltd (TAP) for the election date of the seismic option to acquire a 10 percent interest in exploration permit VIC/P67 in Otway Basin offshore Australia, until the close of business Feb. 13, 2015.
During October, WHL Energy Limited commenced a farm-out process for VIC/P67 to seek partners through the exploration drilling phase while retaining meaningful exposure to the permit.
A data room was opened and strong interest was received from a number of pre-qualified companies, the Company remains in discussions with several companies regarding a potential farmin.
