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 verypooron Mar 27, 2014 9:16am

205 Views

Post# 22374600

RE:RE:RE:RE:RE:Shares traded

If you know how to play Blackjack, your odds are about 50/50, in fact just a tiny bit in your favors. But, if you consistently hit on everything up to 18, you will lose all your money quickly. What I said was correct. You will lose your money in Tag. Funny how it is important that the shareholders are informed of a useless conference in Hong Kong, but no info regarding a high impact well that is behind schedule and over budget!

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