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 volkovon Jan 20, 2011 5:01pm

489 Views

Post# 18004060

RE: Insiders glad they sold

A new year, a new numbnut to deal with on this board. If you want to short, go ahead. Looks like some jackasses tried it today and didn't get very far. Noticed how the two lead underwriters stepped in today and started buying? Noticed how we finished green today when everyone else closed red? Noticed how few shares were actually sold by Mr. Johnson, the proceeds of which he used to exercise his option to buy and now hold 75K shares? I suggest you let us know exactly how many shares you're shorting so we can prepare our buy orders. I'd like to get some before GMP and Wellington eat them all up.

Bullboard Posts

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