Oil slump toughens choices for juniors
After two years of struggle, cost overruns and delays for its Thai oil project, it was rough for Tap Oil’s return to the ranks of petroleum producers to be met with the lowest prices for more than four years.
After two years of struggle, cost overruns and delays for its Thai oil project, it was rough for Tap Oil ’s return to the ranks of petroleum producers to be met with the lowest prices for more than four years.
As Brent crude oil sank below $US80 for the first time since September 2010, Tap boss Troy Hayden could only wryly reflect on what could have been.
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