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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 May 09, 2014 5:03pm
217 Views
Post# 22545993

RE:RE:RE:RE:RE:RE:RE:RE:RE:Insider buy

RE:RE:RE:RE:RE:RE:RE:RE:RE:Insider buyI was there last year mgc11 and beautiful wines they are too. I always go for organic wines because I just can't bear the thought of drinking Sulphur dioxide which is preservative (220) that is an antifreeze. An organic Sauvignon that was blended with Merlot from Croatia was the best red I have ever had. Sadly I can't remember the name. That indicates I might just of had a drop too much of the stuff. I thought NZ wines were great, they are but we have a way to go. Every country I visited including Turkey had top drops. Italy, France and Spain produce some of the best in the world & even their cheaper reds & whites are beautiful.  
mgc11, as you know to produce such fantastic wines, you must grow your grapes in the right conditions to get the best out of them and have time put into the industry, like you, to take your wine to the next level. The important thing is the right environment, if you sell your business tomorrow and the new owners are as experienced as you, your wines will not drop in quality.
OK, so what am I driving at here? My point is, the East Coast have known oil kitchens that have been seeping oil for hundreds of years. That's the grapes growing in the right environment - right there, all you need to do is add in experience to get it out of the ground. If TAG & NZ have that experience, the oil will flow. If they don't have that experience they will simply get a wise old owl like you who has 20, 30 or 40 years in, to do the job. They will succeed here, they can't afford not to, so just like a good red wine maturing over time, patience is required to earn your reward here. Lets not forget the oil is there and plenty of it, it's just getting it out. Longs will pay off, I have no doubt about that at all.   
   
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