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TAG Oil Ltd. V.TAO

Alternate Symbol(s):  TAOIF

Energy Oil & Gas E&P
TAG Oil Ltd. is an international oil and gas exploration company with a focus on operations and opportunities in the Middle East and North Africa. It holds an interest in the Badr Oil Field (BED-1), a 26,000-acre concession located in the Western Desert, Egypt, through a production services agreement (the 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 its phase I development program of Abu Roash F (ARF) reservoir in BED-1. The BED 1-7 well started oil production from the ARF reservoir. Its Field Development Plan (FDP), consisting of drilling 20 horizontal wells to be completed with multi-stage fracture stimulation, is focused on the east central part of the BED-1 concession area and contains OIIP P50 volumes of 178.3 million barrels and mean volumes of 179.0 million barrels. Its subsidiaries include TAG Energy International Ltd., CX Oil Limited, and others.


TSXV:TAO - Post by User

TAG Oil Ltd.
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Post by goldnut8on Jun 30, 2012 2:02pm
335 Views
Post# 20072351

Halt was prudent action

Halt was prudent action

With all the  'nut bars'  claiming  insider info,   leaking of info,  this was the best way

for the company to handle the situation.  With the astonishing growth of the company it

is always best to take the high road.

The market is closed on Monday in Canada, so i do not know how the american version  'taoif'

will trade but there is plenty of time to get into this stock.   My estimates  make this a  $50 per share

stock in three to five years.   What is $1 extra to secure a position.   For those of us that have been

into the stock since  $2.75  this is a  glorious weekend.   Happy Birthday  CANADA

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities
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