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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 kanerfalkon Mar 10, 2014 3:06am
335 Views
Post# 22301109

New blog entry !

New blog entry !

Another US-Based investment newsletter follows TAG Oil

Bill Mathews, editor of the investment newsletter The Cheap Investor, featured TAG Oil in the March 2014 issue.

Citing TAG's excellent balance sheet, increasing revenues and earnings, and undervalued stock price, the editors, "believe TAG Oil has the potential to move at least 50 to 100% over the next year."

They also suggested that TAG list on the NASDAQ or NYSE MKT Exchange in addition to the Toronto Stock Exchange and OTC, for better exposure and a greater institutional following in the U.S.

Bill, we'll let you know if we take your advice!

Screen Shot 2014 03 06 at 5.51.22 PMThe CHEAP Investor has a stellar track record of picking winning stocks. Their philosophy is based on hard work, researching hundreds of stocks in order to find the ones that are undervalued, and selling at a good low price. For the 56 months ending June 2013 (their last accounting), they've recommended 265 winning stocks out of 268 chosen, with average gains of 179%.

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