TAG Oil Ltd. V.TAO

Alternate Symbol(s): TAOIF

Energy Oil & Gas E&P

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

TAG Oil Ltd.

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Comment by RaiderRoadyon Jun 01, 2013 10:49pm

195 Views

Post# 21472392

RE: Cautious Optimisim

My apologies for using the wrong number. I have been in and out of TAG for three years or so, so I am not posting anything off the cuff. These boards are for input from all angles, right?

To be honest, the NZ Oil production worried me. I was also concerned as to why Origin bailed out of Taranaki and when Apache bailed, another red flag went up.

Just my two cents and I really do hope I am wrong for all those long in this stock.

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