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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 kanerfalkon Feb 25, 2015 11:46am
205 Views
Post# 23463285

Welcome to the Board, Brad Holland

Welcome to the Board, Brad Holland

Welcome to the Board, Brad Holland

Image for Welcome to the Board, Brad Holland, titled Team Photo BradHolland.

We’re pleased to have Brad Holland, a highly experienced oil and gas engineer, join the TAG Oil Board of Directors on March 1, 2015. He will replace Dr. Douglas Ellenor who has resigned for personal reasons.

Mr. Holland holds a B.Sc. Chemical Engineering degree from the University of Alberta and has more than 35 years of experience and expertise in the planning, design and project management of oil and gas industry projects, including 18 years as Senior Project Engineer for Saudi Aramco, a global leader in oil and gas. Over the course of his career, Mr. Holland has been responsible for the design and management of multiple oil and gas large diameter pipeline projects around the world, and he will be an integral addition to TAG Oil’s Board as the Company embarks on the next phase of development. Effective March 1, 2015, TAG Oil’s Board will consist of Alex Guidi, Keith Hill, Ken Vidalin and Brad Holland.

Chairman Guidi commented our Q3 release: “I wish to personally thank Douglas Ellenor for his short but valuable contribution to TAG, and his positive technical view of TAG’s Taranaki Basin operations. I also welcome Mr. Holland’s extensive engineering and production infrastructure expertise. Along with our other Board members, we collectively bring many years of oil and gas, corporate and entrepreneurial experience to TAG.”

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