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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 Cuzzieon Apr 18, 2014 9:21pm
264 Views
Post# 22468397

RE:RE:Shale Gas/Fracking...

RE:RE:Shale Gas/Fracking...I have heard this story before but watered down, thanks for posting it benduck. NZ has a massive problem with the Greenpeace movement and other environmental activist over here and they way they spin tall tales. They think just because they say something, it is true and no need to back it up with facts. Scaremongering and telling false-facts will always cut them down - always. Sarah Roberts would of found out real fast just how brutal it can be when she gets caught telling pork pies in the political arena. I think it would of been the best place for her right now, pity she is so umpopular. 
The largest water polluters in NZ are Dairy farmers and I think it is about time a certain amount of their profit should be withheld to help clean up our rivers and lakes to a good standard.
What no one wants to talk about is that the current 'white gold rush' that is leading New Zealand to a freshwater quality disaster. Dairy Farming is booming right now.  
I've devised a way to help this problem in Taranaki and the East Coast of the North Island, reduce the amount of Dairy farms in areas where known oil fields are and set up more Oil Corps. in their place. What do you think? We could do it for the environment.
Bullboard Posts