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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 jstinveston Feb 11, 2013 6:57pm
372 Views
Post# 20971557

RE: RE: RE: Speculations and Ruminations

RE: RE: RE: Speculations and Ruminations

XFI, you can't be jealous of the insiders granting themselves options and then selling for a double. If you were running the company, you would want the same. The people to be upset with are the large shareholders who allow them to do this. The large shareholders have the power to vote them out or bring their own people in order to get them a good return on their investment. It also appears that the large shareholders are delighted to take back 100% control of East Coast, see the blog:

https://blog.tagoil.com/bid/94425/TAG-s-East-Coast-Basin-Exploration-Onward-and-Upward

 

 

I think if they come through on exceeding 5000 boe/d by end of March, the stock will sky rocket especially if a large amount of production is getting premium to Brent oil pricing.

 

Bullboard Posts