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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Post by synectixon May 13, 2014 1:51pm

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Post# 22556379

Should be an intersting call

Press release from PR Newswire

TAG Oil Conference Call to Discuss Operations & Exploration Activities

Tuesday, May 13, 2014

TAG Oil Conference Call to Discuss Operations & Exploration Activities

13:42 EDT Tuesday, May 13, 2014

VANCOUVER, May 13, 2014 /PRNewswire/ - TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), announces that due to the considerable shareholder and investor interest relating to TAG's $60 million development and exploration program announced on May 7, 2014, the Company will hold a telephone conference call to discuss these operations, in further detail.

TAG's fiscal year 2015 capital spending plan is fully-funded. This program consists of low-risk development drilling, which will continue to fund and risk manage the Company's higher-impact opportunities that TAG was established to explore. The Company's deep Kapuni prospects, shallow-water offshore Taranaki and unconventional opportunities in New Zealand all have the potential to transform TAG substantially upon success.

Please call in ten minutes before the conference call starts and stay on the line (an operator will be available to assist you should you have questions of management during the call). In addition questions can be forwarded by e-mail in advance to the e-mail address provided below.

Conference Call Information