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 oilandgas111on Dec 07, 2011 4:37pm

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Post# 19300979

RE: Cannacord comments on TAG today

Sorry made a mistake when I pasted
" Yesterday we took a trip down the road to Calgary to meet up with John Clarke (from Tag oil),.........But we ask Clarke to turn on his crystal ball and find some plays that we should be watching at this time. He is a kind of fan of Antrim Energy (AEN) in the North Sea be- cause of their recent discoveries and he thinks it has some traveling to do if and when the markets ever get a little more generous.
TAG Oil (TAO), he suggests looks like the oil shale could work plus given their other operations, giving this stock a firm base."

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