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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 askmetooon Jun 06, 2013 2:19pm
196 Views
Post# 21493556

RE: 'Divisive' explorers warned off

RE: 'Divisive' explorers warned off

"Mr Leach claimed the companies played neighbouring farmers off against each other in their efforts to strike the best land access deals." 

I wonder if Harvey Leach has ever used similar methods when trying to get the best deal for himself when selling his farm products?

This kind of conduct just displays a good sense for business. As for Mr. Leach's interests, caveat emptor (buyer beware) would apply.

Bullboard Posts