TAG Oil Ltd. V.TAO

Alternate Symbol(s): TAOIF

Energy Oil & Gas E&P

TAG Oil Ltd. is an international oil and gas exploration company with a focus on operations and opportunities in the Middle East and North Africa. It holds an interest in the Badr Oil Field (BED-1), a 26,000-acre concession located in the Western Desert, Egypt, through a production services agreement (the 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 its phase I development program of Abu Roash F (ARF) reservoir in BED-1. The BED 1-7 well started oil production from the ARF reservoir. Its Field Development Plan (FDP), consisting of drilling 20 horizontal wells to be completed with multi-stage fracture stimulation, is focused on the east central part of the BED-1 concession area and contains OIIP P50 volumes of 178.3 million barrels and mean volumes of 179.0 million barrels. Its subsidiaries include TAG Energy International Ltd., CX Oil Limited, and others.

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TAG Oil Ltd.

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Comment by verypooron Dec 13, 2013 5:14pm

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Post# 22005039

RE:RE:RE:RE:RE:AGM

MWD is for measurement while drilling, it is a tool that sends info such as inclination and azimuth, real time back to surface via a mud or electro magnetic pulse. Depending on the tool used , it will also measure gamma counts, resistivity, porosity and density of the formation as you drill. Very good tool to use, not good to leave in hole! As well it is correlated to any mud motor downhole so the well can be steered, and kept straight to reduce doglegs in the wellbore.

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Geologica Resource: Polymetallic upside at a depressed price