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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Comment by mrpanickon Feb 17, 2015 6:50am

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Post# 23434722

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:East coast is a lost cause

Kiwi, no I haven't visited New Zealand but have some family living in Auckland. Will make it out there at some point hopefully. Without going there however, I can see what the company is worth just from their Taranaki production and facilities. Cash flow is cash flow. The company is at about 1.5X cash flow without the benefit of any coming from the East Coast.

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From now on, dynaCERT instead of Bitcoin or NVIDIA?