Tap Oil Limited provided updated information in relation to the completion of the Manora 2020 development drilling and workover campaign using the Valaris 115 jack-up drilling rig. The Manora Oil Field is located in the G1/48 concession in the Gulf of Thailand, where Tap holds a 30% non-operated interest. Highlights: Four new development wells (MNA-25, MNA-26H, MNA-27 and MNA-28) safely drilled, completed and brought into production in line with pre-drill expectations. Two workovers (MNA-7 & MNA-15) also completed and achieving pre-drill objectives. All wells now on stream, adding over 4,500 bopd gross to total field production capacity. Manora now capable of producing around 9,500 bopd gross. MNA-28 intersected the thick, high quality 490 series oil reservoirs high to prognosis and is a key additional oil producer. MNA-25 is now the new crestal development well for the 600 series oil reservoirs in the Central Fault Block (CFB). MNA-26H is a horizontal well which will produce otherwise undrained oil in the high-quality 370-10 reservoir of the Eastern Fault Block (EFB). MNA-27 is now the crestal well for the 490 series reservoirs in the E FB. The previously shut -in MNA-15 well had a new electrical submersible pump (ESP) installed and is currently producing at around 500 bopd gross, while MNA-7 was converted to a water injection well to add an estimated 8,000 bwpd water disposal capacity required for the forecast ramp-up of production. The total cost of the Manora 2020 development drilling and workover program is approximately USD 15.08 million (USD 4.52 million net to Tap), with the program completed 8.5% under budget and ahead of schedule. Gross crude oil liftings of 1,460,000 bbls (438,000 bbls net to Tap) have been scheduled between July and December 2020. · Production currently constrained to around 7,000 bopd gross until early September 2020 due to Manora FSO crude oil storage capacity constraints. The Operator of the Manora Oil Field, Mubadala Petroleum, successfully completed the 54 day program comprising four new development wells and the workover of two existing wells with no lost time incidents, 8.5 % under budget and 2.5 days ahead of schedule. The total cost of the program is estimated at approximately USD 15.08 million (USD 4.52 million net to Tap). Production and Lifting. The joint venture plans to lift a 260,000 barrel (gross) cargo during July 2020 and then 300,000 barrels gross every month from September 2020 to December 2020. While Manora now has the capacity to produce over 9,500 bopd, production is currently curtailed to circa 7,000 bopd gross until a scheduled early September 2020 lifting that will eliminate crude oil storage constraints. After the September lifting, production will be increased to full field capacity.