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. > Any speculation as to the initial production rates..

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Post by Nextlegupon May 10, 2023 11:59am

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Post# 35440879

Any speculation as to the initial production rates..

we can expect?

This first well is going to set the stage for the future success...just wondering thoughts of others?

If this works out anticipated...TAG is off to the races...

With Europe repositioning itself in energy since the begining of the Ukraine war, companies like TAG are going to be an important component in diversiication of those energy needs.

Time will tell...

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