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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
Post by Focusakkeron Nov 17, 2013 11:32am
352 Views
Post# 21913702

Friday's Price Drop

Friday's Price DropTag is all about the drill bit and what it finds. That's the way it should be. I've been critical of the company's management and their slowness in announcing developments of the company. But, these guys tend to hit what they shoot at and that's what will deliver solid value for it's owners. Don't get hung up on Friday. Go back over the last several news releases and you can't help but be excited about our future, both in the short and intermediate term. Good luck to us all, Paul
Bullboard Posts