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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
Post by uptown59on Sep 25, 2013 12:50pm
181 Views
Post# 21766631

tension

tensionWell it seems like things are getting wound tight, hopefully Tag releases positive news soon, share price is wound tight, nerves are tight. Like some others i've been in similar countdowns and it does not always go pleasantly. I will admit that Tag has all the right ingrediants, the share price just does not have a good track record. The absence of volume is a good indication that the opportunity to accumulate is dwindling and shortly things will either go North or hopefully not South. multiple catalysts over time will keep investors engaged until revenue increases
Bullboard Posts