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TAG Oil Ltd. V.TAO

Alternate Symbol(s):  TAOIF

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

Bullboard Posts
Comment by goldnut8on Feb 01, 2013 3:52pm
283 Views
Post# 20926637

RE: RE: RE: Why

RE: RE: RE: Why

obviously you have not been responsible for a large (huge) portfolio.  They do not have the

time to  micro manage such small details.  They have so many other items to attend to and this

is chump change for them.  One phone call and they remove is responsiblity from someones desk.

Many other projects worth  X times more,  big for TAG  but fly spec for Apache.

Bullboard Posts

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