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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 mrpanickon Dec 11, 2014 10:26pm
132 Views
Post# 23222190

RE:RE:5 yrs of $60 oil

RE:RE:5 yrs of $60 oilIn fact not only is your claim that oil will be $60 for 5 years not consistent with where the futures are trading, it's not even correct today for Tag. In case you've forgotten, Tag sells oil in New Zealand. It's not selling WTI which is $60. Brent is $63+ as of today. Light sweet oil from Cheal oil sells at a premium to Brent, so it closer to $65. Yes oil is down. No need to lie, exaggerate and claim to know prices 5 years from now. I really hate lying shorts like you that pretend not to have a position. Why not be more honest about your agenda and stop posting BS!!! Better cover your short soon. This is oversold and headed higher in Jan. But you probably already know that and are ratcheting up the BS in an effort to shake loose a few shares.
Bullboard Posts