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TAG Oil Ltd. V.TAO

Alternate Symbol(s):  TAOIF

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

Bullboard Posts
Comment by jstinveston Feb 11, 2013 6:57pm
375 Views
Post# 20971557

RE: RE: RE: Speculations and Ruminations

RE: RE: RE: Speculations and Ruminations

XFI, you can't be jealous of the insiders granting themselves options and then selling for a double. If you were running the company, you would want the same. The people to be upset with are the large shareholders who allow them to do this. The large shareholders have the power to vote them out or bring their own people in order to get them a good return on their investment. It also appears that the large shareholders are delighted to take back 100% control of East Coast, see the blog:

https://blog.tagoil.com/bid/94425/TAG-s-East-Coast-Basin-Exploration-Onward-and-Upward

 

 

I think if they come through on exceeding 5000 boe/d by end of March, the stock will sky rocket especially if a large amount of production is getting premium to Brent oil pricing.

 

Bullboard Posts