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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Post by desi_doggon Oct 17, 2010 8:28pm

648 Views

Post# 17575035

I am planning on retiring...

$10 before you know it. We got Pescod of canaccord mentioning this like every single week then we have other guys...list of analysts reporters goes on. I am buying on weakness and holding onto my shares.
Here is my breakdown, I am planning on keeping 5000 shares
1000 x 200 = $200,000 for my future son to buy his Ferrari when he turns 18
1000 X 200 = $200,000 for my Lambo
2000 X 200 = $400,000 to pay the remaining mortgage
1000 X 200 = $200,000 to retire on.

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