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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 PowerMAXon Mar 13, 2013 7:20pm
264 Views
Post# 21125726

RE: RE: RE: Back to the future,

RE: RE: RE: Back to the future,

Goldnut may be absolutely right about one thing - and I don't care about the bickering that has taken place (and I'm clearly not talking about spelling words like "portrayed") - the management of no company has our interests at heart. By "our" I mean the regular small time shareholder. Management has their own interests at heart. Their own interests may or may not extend past thier own bank accounts to include employees and creditors, but rarely the individual investor. We are nice, but not necessary. What we are doing as individual investors is attempting to ride on management's coat-tails. That's it. Sometimes it really works (my BAC holdings so far), sometimes it doesn't (my ATP holdings recently).

Agree or disagree - I don't care, but I wish good fortune on all of you. Mostly because that means TAO has gone up and that's good for me.

Bullboard Posts