| 2D Seismic |
Seismic recorded along a single traverse and processed to form a two dimensional profile of the subsurface |
| 3D Seismic |
Seismic recorded along many closely spaced traverses and processed to form a three dimensional view of the subsurface |
| A$ or $ |
Australian dollars |
| A-IFRS |
Australian International Financial Reporting Standards |
| AGAAP |
Australian Generally Accepted Accounting Principles |
| AGM |
Annual General Meeeting |
| ASX |
Australian Securities Exchange |
| bbls |
Barrel of oil. 42 US gallons, 35 imperial gallons, 5.615 cubic feet; 159 litres |
| Bcf |
Billion(1,000,000,000) cubic feet |
| Board |
The board of directors |
| Boe |
Barrels of oil equivalent |
| Bopd |
Barrels per day (oil and condensate) |
| CEO |
Chief Executive Officer |
| Condensate |
Hydrocarbons which are liquid at surface temperature and pressure but are gaseous subsurface. |
| Constitution |
The constitution of the company |
| Contingent Resources (2C) |
Those quantities of petroleum which are estimated, on a given date, to be potentially recoverable from known accumulations but which are not currently considered to be commercially recoverable |
| CS-1 |
Compressor station 1 connecting to the Dampier to Bunbury Natural Gas Pipeline |
| DBNGP |
Dampier to Bunbury Natural Gas Pipeline |
| Director |
A director of the company |
| EBITDA |
before interest, tax, depreciation and amortisation |
| EPS |
Earnings per share |
| Financial Year |
The 12 months ending December 31 |
| FPSO |
Floating Production, Storage and Offtake Vessel |
| Gas |
Natural gas |
| Group |
Tap and its subsidiaries |
| HJV |
Harriet Joint Venture comprising Apache Northwest Pty Ltd. Kufpec Australia Pty Ltd and Tap (Harriet) Pty Ltd |
| Hydrocarbons |
Oil, condensate and natural gas |
| JV |
Joint venture |
| Km |
kilometres |
| km2 or sqkm |
Square kilometres |
| LNG |
Liquid natural gas |
| M |
Metres |
| Mmbbls |
Millions of barrels of oil |
| mmboe or MMboe |
Millions of barrels of oil equivalent |
| MMscf/d |
Million standard cubic feet of gas per day |
| mmstb |
Million stock tank barrels |
| NGOs |
Non-government organisations |
| NPAT |
Net profit after tax |
| Operator |
The party appointed as operator under the JV agreement or similar agreement in relation to the relevant JV |
| PJ |
Petajoule; 1,000 TJ |
| Prospect |
A geological feature in the subsurface which is a potential trap for petroleum and is sufficiently defined for drilling |
| Proved plus Probable (2P) |
The sum of Proved Reserves plus Probable Reserves (as those terms are defined in the SPE/WPC/AAPG/SPEE Petroleum Resource Management System) |
| Reserves |
Those quantities of hydrocarbons which are anticipated to be commercially recovered from known accumulations from a given date forward |
| Tap |
The Company Tap Oil Limited (ABN 89 068 572 341) |
| TJ |
Terajolues (1012 joules); 1000 Gigajoules |
| TJ/d |
Terajoules per day |
| Tcf |
Trillion (1,000,000,000,000) cubic feet |
| Woollybutt JV |
The Woollybutt Joint Venture comprising Eni Australia Limited, Mobil Australia Recources Co Pty Ltd and Tap West Pty Ltd |
