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 Aug 20, 2015 5:43pm

165 Views

Post# 24037665

RE:ouch ouch

Wait, you buy at $1.08 and promptly sell at $1.03. Any stock will be a pig for you with that strategy.
I'm holding back buying at the moment because the NZD$ is lean against the USD$. I made a nice profit pulling some of my US cash back into a NZ bank account the other day and are watching both the TAG share price and the NZ dollar very closely right now. There could be a nice opportunity with the Kiwi Dollar on the rise again as it should and TAG remaining below the dollar as it might. Regardless at this price, TAG is a great two to three year investment right now.

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