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

Post by builder1on Jan 17, 2011 2:58pm

445 Views

Post# 17985180

Nice story, $255 is a disservice

I like this board too,.... straight up, real investors, no trash talk. Company recently caught my attention. Interesting story and technology, nice tight share structure. Hate to buy at all time highs though. Lucky those who bought in earlier. It is definitely on my radar. I agree that the $225 review does a disservice to the company's crediblity.... in my opinion, this report or rumor of it, should not have been posted. GLTA

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