Tap Oil’s trifecta

With a share price up 27% in a few months, Gaurav Sodhi tallies the transactions that have transformed Tap Oil.

After the sale of its share in the Finucane oilfield and the proposed sale of the Zola gas discovery, Tap Oil is also now selling its stake in the Harriet Joint Venture (HJV), an oil and gas operation in Western Australia. Such a rapid turnover of deals makes Tap look like an asset flipper, but it is anything but.

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