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TAG Oil Ltd. V.TAO

Alternate Symbol(s):  TAOIF

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

Bullboard Posts
Comment by polish63on Aug 03, 2012 8:58am
625 Views
Post# 20180487

A large CRD shareholder here

A large CRD shareholder here

Bullish,

I, like other CRD shareholders, have had no meaningful information coming out of the company in a long time-- No report on the AGM that was allegedly held nearly 6 weeks ago, no report on any ore sales, no official reports on any resource  drilling and no one who will answer the phone or respond to an email.. The only thing we know is that TAG oil is now a "Control person" in the company. A few months back, CRD issued a PR that was  in hind sight  nothing more than an attempt to stampede its own shareholders into selling at $.10 Canadian. The stock price has soared since but there is no way to ascertain why.

Bullish, if you have access to Tag management (as you seem to infer) could you prevail on them to issue some news about what are their plans for CRD. I made a trip to Silver Star Montana to CRD's Madison mine last year and came away convinced that there was real value in the company.  During the sharp run up in  CRD's price there was no halt in trading by the Venture exchange to allow the dissemination of any news. If you can assist us , it would be sincerely appreciated.

 Polish63

Bullboard Posts