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

Post by Fernando2010on Apr 04, 2013 2:02pm

355 Views

Post# 21211668

Question about yesterday´s insider trading

One insider (Toone, Randy Warren) bought almost 200.000 shares yesterday, just before today´s new release.

See details below

My question is: is it legal?

Thanks in advance

Fernando

Apr 3/13	Mar 26/13	Toone, Randy Warren	Direct Ownership	Common Shares	10 - Acquisition in the public market	1,900	$4.22
Apr 3/13	Mar 26/13	Toone, Randy Warren	Direct Ownership	Common Shares	10 - Acquisition in the public market	18,100	$4.23
Apr 3/13	Mar 20/13	Toone, Randy Warren	Direct Ownership	Common Shares	10 - Acquisition in the public market	100	$4.44
Apr 3/13	Mar 20/13	Toone, Randy Warren	Direct Ownership	Common Shares	10 - Acquisition in the public market	22,400	$4.45
Apr 3/13	Mar 20/13	Toone, Randy Warren	Direct Ownership	Common Shares	10 - Acquisition in the public market	300	$4.41
Apr 3/13	Mar 19/13	Toone, Randy Warren	Direct Ownership	Options	00 - Opening Balance-Initial SEDI Report	150,000