Tap Oil Limited provides the following update on the Manora-5 exploration well. Manora-5 is the first of three wells planned in the 2012 exploration drilling campaign.

Location/Proposed Depth

The Manora-5 exploration well is located in the G1/48 concession in the Gulf of Thailand, three kilometres north of the Manora Oil Development.

The exploration well is being drilled in shallow water and will be drilled to approximately 2,450 metres true vertical depth. It will test a separate geological structure, independent of the Manora field, and target a combined prospective resource of around 12 million barrels (PMean) in the primary and secondary targets.

Tags: Tap Oil Limited