Sydney Morning Herald | Oil price slump claims Tap Oil CEO and half of staff under restructuring Sydney Morning Herald Tap has been pushed onto the back foot by the drop in prices which coincided with the start-up of its $US300 million ($400 million) Manora oil venture in Thailand in late 2014, which it partly funded by debt. Last year it fended off a bid by Thai ... Tap Oil CEO Troy Hayden to step down Tap Oil boss to step down amid restructure |