TAG Oil Ltd. TAOIF

Primary Symbol: V.TAO

Energy Oil & Gas E&P

TAG Oil Ltd. is a Canadian-based international oil and gas exploration company. The Company is focused on oil and gas exploration and development opportunities in the Middle East and North Africa (MENA). In the Western Desert of Egypt, it is developing the unconventional heavy oil Abu Roash F (ARF) formation in the Badr oil field (BED-1). It holds an interest in the Badr Oil Field (BED-1), a 26,000 acres concession located in the Western Desert, Egypt, through a Production Services Agreement (PSA) with Badr Petroleum Company (BPCO). It is focused on BED-1 the re-completion and evaluation operations of the BED 1-7 vertical well. These initial operations are part of TAG’s phase 1 development program of ARF reservoir in BED-1. The BED 1-7 well started oil production from the ARF reservoir. Its subsidiaries include TAG Energy International Ltd., TAG Petroleum Egypt Ltd. (Cyprus), TAG Petroleum Egypt Ltd. (Egypt Branch), TAG Oil (NZ) Limited, Trans-Orient Petroleum Ltd and others.

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TAG Oil Ltd. > What should I be looking for next?

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Comment by GoJerez2on May 01, 2024 8:52pm

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Post# 36018568

RE:RE:RE:RE:RE:RE:RE:RE:What should I be looking for next?

You stated "Surely you kid about the numbers you posted? A 1000 boepd out of a 300 meter horizontal leg would be considered a failure? "
may have mis read .... you're referring to my comments as 1000boe/d to be a failure ...
I believe the market is expecting 1000-1500 boed
so below will be a slow build out consequently the stock will be flat
needs stronger flow rates to move the stock significantly.

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