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TAG Oil Ltd. TAOIF


Primary Symbol: V.TAO

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.


TSXV:TAO - Post by User

Comment by oilisswellon May 02, 2024 5:22pm
221 Views
Post# 36020449

RE:Flow back

RE:Flow backSince they finished fracing on April 25, allow a couple of days for drilll out and a couple of days for rigging up to commence flow back, I would say a couple of days ago?? That is, if all went well. They then need another 10 days or so to ensure the frac fluid is cleaned out and the well is steady. So, by mid-May the word on the well should be out, and perhaps leaked sooner.

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