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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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Post by BroomHildaon Aug 28, 2011 9:05pm
516 Views
Post# 18988085

INDICATOR FOR TAO

INDICATOR FOR TAO
Watch the price and info from New Zealand Energy Corp's recent IPO (NZ.V).  They are drilling their Ranui 1 in the Whangai Shale area.  Will provide guidance as to how well TAO might do in the future as they are drilling after NZEC. 

Also see a new 10% + owner on board..
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities