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 Cuzzieon May 26, 2015 5:56pm

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Post# 23766858

RE:RE:RE:NZ PM talking about oil in Taranaki.

Sad but true Weeble. Us Kiwis can be very negative and then there is "Tall Poppy Syndrome". That means anybody who makes a success in life is fair game for those who don't. I found out the hard way when I was a 20 year old self employed commission agent that was making plenty in the 1980s. I went out and brought a brand new car and sales dropped off immediately. I sold the new car within six months and got an old banger and Voilà, reverse sociology in full action, I was making more than ever. Sad but true.

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