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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 taman1on Apr 28, 2015 12:39am
94 Views
Post# 23670386

RE:RE:RE:Pathetic, simply pathetic

RE:RE:RE:Pathetic, simply patheticYou are definitely right that with positive news TAG will move up easily 50% in a few days.
I have bailed out of SGY and moved into CPG and TBE. I think these two have better upside than SGY at this point . Heck TOG certainly felt they got something good from SGY and SGY may have wrote down some debts with the cash but certainly lost some potential though their CEO felt Shavonaun will offset this sale ... time will tell ..lol
But at this point TAG should have more potential simply because it has not moved at all and at production costs like Saudi, lol and Saudi in a mess with Yemen and Iran ramifications ..who knows the House of Saudi might fall and the price of oil rockets and that will lift all boats even ones like TAG and coupled with some good results,...longs here will be more cheerful ... Cheers
Bullboard Posts