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.

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TAG Oil Ltd.

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Post by goldnut8on Nov 01, 2013 12:45pm

241 Views

Post# 21868943

Uptown, remember this? Sold all then, now I get 15% more s

Management is telling you what is going on in EC.
They are the closest to news and they are   taking $4.40 per share.
Only reason to do that, if news is good they would wait,   BUT   they
chose to take what they could from funders and use that money to engraciate themselves
over the next couple years.
Why take $4.4 if in weeks there would be so much more for the same dilution.
Only one answer fits,   EC is not .....

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