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.

Bullboard Posts

Comment by jstinveston Feb 11, 2013 4:14pm

301 Views

Post# 20970999

RE: New blog entry

surprised to see it close in the $4.30s but on a positive note, the trading volume over the past 5 trading days has not reach 300K. This is positive in that the large sellers who were disappointed by the Apache pull out are most likely done with their selling. It's also worth noting that other large shareholders are happy about taking back 100% control of East Coast, see the blog page:

"We have strong support from analysts following TAG, and the entire TAG team including large shareholders are delighted to take back 100% control of the project"

Bullboard Posts

Investor’s corner: Solving chronic pain in dogs – A significant market opportunity