Tap Oil: Interim result 2013

The headline numbers don't look good, but look a little deeper and value starts to emerge explains Gaurav Sodhi.

As has been the case in recent years, Tap Oil’s interim result was a modest and profit free affair. Revenue fell 44% to $14m and, after including $20m in exploration write-offs, the company reported a net loss of $13.6m, compared to a profit of $3.1m last year.


SMS Code Sent…

Hi {{ user.FirstName }}

Looks like you've already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to activate your membership

If you didn't receive SMS code please

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device

Verify your mobile number

Please sign up for full access

Updating information

Please wait ...

  • Mastercard
  • Visa

Related Articles