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Tap partner served $35m default notice

A dispute between Tap Oil and one of its substantial shareholders has escalated after the operator of the company’s flagship Manora oil development served joint operator Northern Gulf Petroleum with a $35 million default notice.

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Tap Oil (TAP)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Top 10 Shareholders

Source: Morningstar

Total Shareholder Return as at 30/04/19

1 year TSR5 year TSR
55thTap Oil67%-22%
729 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

15/05/19
$0 Issued
15/06/17
$0 Issued
15/06/17
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

th-Tap Oil$70.4m
486 listed resources companies ranked by revenue.
Source: Morningstar

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