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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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Comment by edubon Feb 18, 2011 4:49pm
355 Views
Post# 18161259

RE: RE: Steppin sideways...

RE: RE: Steppin sideways...MBGLD, fer sure.. I understand that logic too.. just know from (limited) experience it doesnt always work that way... I have heard both arguements from friends who understand this industry better than I do... I appreciate the cash immediate cash flow for sure, and its importance of getting onto the bigger stuff...Are sidewinder 2/3 the anticipated production that is going to bring us around to 1800 BPD? sorry for my ignorance, thanks for the comments...
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