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.

TSXV:TAO - Post by User

TAG Oil Ltd.

Bullboard Posts

Comment by desi_doggon Oct 19, 2010 1:29am

505 Views

Post# 17580375

RE: Just beginning!?

Whoever does not believe the post underneath mine is either in denial or has a short position.

"The analysts went on to say that their risked value per share of TAG is roughly $14.82 following the $20 million May financing. But if TAG can unleash the potential of its unconventional oil shale plays, their unrisked value per share is worth over $225, the analysts said.

Enough said.
Wouldnt be surprised if this hit 10.00 soon- just based on potential.
Few stocks carry this kind of potential and diversity.

I think this is headed higher-much higher.

"

Bullboard Posts

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