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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 Haoleboy1967on Jun 30, 2014 11:12pm
295 Views
Post# 22707318

RE:RE:Unfortunately...

RE:RE:Unfortunately...Fortunately we can buy into TAG at a good price.
if i gave you a clean sheet of paper and asked you to design me a small oil e&p company that would be considered a good investment - wouldnt you design one that 
had a great balance sheet with cash on hand 
had low cost wells that performed and paid the bills
had huge upside potential 
had good grounds
had good management
was in a country that was stable
good good prices for the oil ( not dependant on ine customer per say)

tell me where TAG fails in any one of those areas?

Bullboard Posts