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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 uptown59on Oct 09, 2013 3:09pm
72 Views
Post# 21804172

RE:RE:Volume

RE:RE:VolumeI`ve been watching this a bit, I`m hoping its shorts trying to create some trading range, they`ve been given a timeframe, 2, 4, 6, or 8 weeks. The trading range on the recent volume was not wide enough to justify, and if the professionals are actually trying to contain the SP until news comes out, they are not able to accumulate with a tight range. So, someone is sacrificing now for their greater good. The volume over the last few mornings has been more aggressive while the overall days have been remaining just over the 100k range. If things claw back as the day closes, watch for some green tomorrow. We would see a lot more trading if there was a leak, positive or negative, if negative we would be sitting below $3 right now. a Positive leak would be more suttle. I hope I`m right, time will tell
Bullboard Posts