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.

Bullboard Posts

Comment by uptown59on Mar 29, 2014 1:52pm

257 Views

Post# 22385880

RE:Interesting comment on TAOIF board

Could be a 3rd scenario, as i've stated before, cash management. Buying seemed to stop around the time that EW announced payback complete, Tag will probably show an boepd increase next ER, although not sure how significant, but enough to possibly show marginal SP increase. IMO, the recent buy backs were only attempts to stop the bleed, bleed seemingly has stopped and a bottom is in play.

Bullboard Posts

Gold begins to flow at Endeavour's Lafigué mine in Côte d'Ivoire