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.

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TAG Oil Ltd.

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Comment by Focusakkeron Jun 15, 2013 12:32pm

174 Views

Post# 21529021

RE: RE: Unreal!!!

If you can't trust the management of your company, the price suffers. The small, seemingly good news about the East Coast well is dismissed because management looks incompetent. The only avenue that small investors have is: (1) Sue the management if it could be determined that they deliberately lied in the NRs to manipulate the stock price or (2) vote out the BOD. Neither of these two choices are going to happen. That's why it hard for small investors to make money in the market. Paul

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