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TAG Oil Ltd. V.TAO

Alternate Symbol(s):  TAOIF

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.


TSXV:TAO - Post by User

Bullboard Posts
Comment by volkovon Aug 19, 2010 4:53pm
419 Views
Post# 17366901

RE: Could someone this negative?

RE: Could someone this negative?What exactly is your point bud? You're not making a whole lot of sense. Haven't you noticed how the stock's been under accumulation these past few weeks? Just look at the tape you'll see who's buying in steady chunks day after day. Think these guys are worried about "chemistry" and "proper fracking"? They know how much potential there is so they're placing their bets. I already did my DD and decided this is a great bet, because there isn't much downside risk and the possible rewards are huge with this company.
Bullboard Posts