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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 sololeoon Dec 04, 2013 11:38am
151 Views
Post# 21969039

RE:RE:Insider Buying...and everyone else selling

RE:RE:Insider Buying...and everyone else sellingMaggs...thanks for your input. Personally, I'd consider myself an agnostic when it comes to TA...it's a tool I consult occasionally (and, probably, to a much shallower degree than yourself), but not a tool I rely on.

Also, I generally tend towards being an investor in the companies whose stock I buy, rather than a short-term trader.

Not saying either of our methods and approaches is better or worse than the others, just acknowledging that the market allows one to be a successful investor in a variety of ways. Good luck to you in being able to back up the truck, load up and make some serious money on TAO...success for you will bring success to me as well...the only difference will be the number of shares and the entry and exit prices.

As for the CEOs of public companies...it matters not the size of the company nor the type of enterprise, CEOs are rarely held accountable for what happens on their watch (to wit, Jamie Dimon of JP Morgan Chase and the multi-billions in losses and penalties he has presided over)

Once again, thanks for your contributions to the board...whether I agree or disagree with a poster's position, it is good to have a variety of informed viewpoints and perspectives on the markets and TAO's situation in particular.
Bullboard Posts