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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 danny99on Jun 11, 2014 12:47pm
253 Views
Post# 22649758

RE:Insider buy

RE:Insider buyThat is not considered insider buying. Thats Tags buy back program. So a broker unaware of material events is purchasing back Tag for Tag at these low prices. Tag has bought back a decent amount in the last little bit but someone such as Garth who owns practically no shares has not bought any. I would much rather see him spend some of his big salary and buy stock in the market to show people he is confident. 
Bullboard Posts