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.

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TAG Oil Ltd.

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Comment by norim109on Dec 14, 2011 9:13pm

312 Views

Post# 19323668

RE: The Stock that ...UNKNOWN DIAMOND

Last November you called the stock an unknown diamond. Too bad you sold too early, but you can always buy back shares at a higher price. It is a 5,000 boe/d oil company now and most likely a 10,000 boe/d within the next 3-6 months, based only on the Western permits. B6 will be spudded tomorrow and we should get results before the end of the year. Only fools will sell you shares at $4.00

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