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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
Post by mrpanickon Dec 11, 2014 10:32pm
254 Views
Post# 23222209

Why I hate short liars

Why I hate short liarsRemember the claims that Tag was running out of cash or about to raise more capital? Then we heard that Waitangi was going to blow up or something and couldn't be capped? How about the claims that production was going to decline to 1,500? High decline rates at Cheal? Now you have folks posting WTI pricing and claiming they "know" that's going to be the price for 5 years, when futures show a gradual rebound in prices. Certainly no shortage of BS here. Why not make your short case truthfully for a change?
Bullboard Posts