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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 Jun 04, 2013 5:53pm
190 Views
Post# 21483277

RE: RE: Sidewinder Shutdown

RE: RE: Sidewinder Shutdown

Nice to see the heartwarming comment from Mr. Broad that, "more people are deciding to move to the country"!  What a joke.  Last time I checked there weren't but 25 million people in the whole of the country (New Zealand), period.

And to suggest that "people moving to the country" means things have to be "shut down" is a direct violation of concepts of legal 'nuisance and land use law" that date back to merry old England and the common law.  "One cannot move to the nuisance and then have grounds and standing to complain. . ."

Without looking further - New Zealand has only 4 something million people. 25 million sheep? Maybe.

And the nuisance and land use concept has long been disgarded in favour of NIMBY-ism, no matter when they showed up. Case in point: Victoria, BC. A tonne of condos were built on the inner harbour - which had been for 300 years, a working harbour. There had been float planes coming in and out of that harbour since about 45 minutes after the Wright Bros. achieved powered flight (so only 100 years) and a train came in and out of the harbour for about 120 years. However, the condo owners, in their infinite narcisism, deemed both to be unacceptable and worked fervently for years to eliminate both. Now the rail is dead and the float planes have to taxi 15-20 minutes out to the Outer Harbour for take-off (nearly doubling the "flight" time to Vancouver)

Not saying I agree with it, in fact, it drives me batty - but to say that is in direct violation of English Common Law and therefore the last word is, sadly, not true at all.

:(

Bullboard Posts