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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 RBCHY7on Apr 24, 2013 10:18am
242 Views
Post# 21294305

BNN - Much Thanks

BNN - Much Thanks

This is all thanks to the BNN guy that said he just got back from NZ and they are now doing 4000 boe/day and will be at 6,000 boe/day by year end.  Stock took off as soon as he let that slip.  Really surprised they have not halted stock to issue release.

Bullboard Posts
Dealroom for high-potential pre-IPO opportunities