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.

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Post by volkovon Nov 05, 2010 6:29pm

740 Views

Post# 17666871

TAG Oil still a top pick

I was at the Cambridge House Investment Conference in Montreal earlier today, and I had the privilege of listening to Keith Schaefer as a keynote speaker, he was discussing big-potential oil and gas plays. He had two stocks to highlight in that category, one was Toreador Resources TRGL, and the other, you guessed it, TAG Oil.

Here's a link to his original report from early this year:
https://www.scribd.com/doc/41214651/TAG-OIL

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