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. > Lackluster response

<< Previous

Bullboard Posts

Next >>

Comment by RockLobster1on Apr 21, 2024 10:06am

129 Views

Post# 36000075

RE:RE:Lackluster response

Of course caution should be used in any speculation... Only invest money you can lose.

But to judge a corporate entity like this on past projects with different management I think is probably not the best way... Each endeavor is very independent of the last one... Unless it's a pump dump for mgmt with a lifestyle shell.

I remember losing money on Tao when it was in new Zealand... Got out years ago. But I can't see the connection to this project other than the name.

But yes this is very risky at this stage... Usually they'll lose but when they win it can be big like VLE up 10x in 16
months...

<< Previous

Bullboard Posts

Next >>

One of the strongest contenders to lead Canada’s cannabis market