From TAP quarterly:
"In Philippines Block SC 41, seismic interpretation has identified 20 strong leads from which a high graded short
list of drilling candidates has been selected. These prospects have mean recoverable volumes of between 50 and
100 mmstb and are characterized as moderate risk. Tap has successfully secured a drilling rig to drill one, possibly
two wells in SC 41 commencing in July 2008."
Cheers
Dr_Dazmo