Tap Oil Limited announced Prospective Resource estimates for Manora near field exploration prospects being considered for drilling in the 2019 exploration drilling program to be undertaken in the G1/48 (Manora) licence area. Tap has a 30% working interest in the Mubadala Petroleum operated G1/48 licence, located in the Gulf of Thailand. The 2019 exploration drilling program is expected to spud in November 2019 and will comprise one to two exploration wells, plus a contingent side-track. Tap and the Operator, Mubadala Petroleum, expect to make a final investment decision on the program and well trajectories etc. in October 2019. Tap, on a dry hole basis, has budgeted USD 5.4 million gross (USD 1.6 million net pre tax) for a potential program of two wells plus one side-track. The Prospective Resource assessment was undertaken by Discover Geoscience in their capacity as an independent technical expert using data and information provided by Tap.