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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 jstinveston Jan 15, 2013 3:01pm
349 Views
Post# 20841421

Apache is Suffering

Apache is Suffering

Apache third quarter net sinks 82% on Canada write down, natural gas prices:

https://www.worldoil.com/Apache_3_quarter_net_sinks_82_on_canada_write_down_Natural_Gas_prices.html

Reason Apache opt out is becoming more clear, they are feeling the strain of lower natural gas Prices

If Phase 1 paid for by Apache proves encouraging, TAG will have zero problems getting a partner for phase 2 if they so choose

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities