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TAG Oil Ltd. V.TAO

Alternate Symbol(s):  TAOIF

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

Bullboard Posts
Post by stephenson1on Feb 23, 2011 9:50pm
571 Views
Post# 18184568

History of Napier

History of Napieryou check on this - don't know if it affected the shales.

Main article: 1931 Hawke's Bay earthquake
On February 3, 1931, most of Napier was levelled by an earthquake. The collapses of buildings and the ensuing fires killed 258 people. The centre of the town was destroyed by the earthquake, and later rebuilt in the Art Deco style popular at that time. Some 4000 hectares of today's Napier were undersea before the earthquake raised it up above sea level.

Bullboard Posts