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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 taman1on Mar 24, 2015 6:31pm
200 Views
Post# 23556977

OK Guidi sold at $10 or higher

OK Guidi sold at $10 or higher though I sold too early at about 7ish and let us face it lots sold at that level too partially if not entirely .. but it is hindsight 20/20 now ... but let us talk now ...now I will be worried if Guidi sold at below $5 .... but heck he has been buying since $3 I hope because I have too ... and now at this level everyone is disgusted and thats the reason the 2 guys got the heave off ... a company without debt and so much potential and making a profit should never have dropped below $3. Now that oil is in the dumps TAG should be at $3 not $1.30 given cost of production is $25 ... don't pick on Weeble or any long here ..we believe in TAG ..some over believed but heck TAG is worth at least $3 IMHO but instead it is priced almost like a loser and the blame lies with the management and no one else ... well they got fired and to say they resigned voluntarily is not to face the fact TAG shareholders are fed up ... look at how the share price moves in a day 20 cents for no reason, no takers at 1.40 and suddenly lots of sellers at 1.30 ... weird stuff to say the least or maybe someone is trying to scare longs off ... all IMHO and GLTA ..Cheers
Bullboard Posts