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.

TSXV:TAO - Post by User

TAG Oil Ltd.

Bullboard Posts

Post by concretecowboyon Sep 10, 2016 3:41pm

234 Views

Post# 25225349

SP will be at 1.50 by X-mas

Really believe this stock will be at $1.50 or higher by X-mas. With 15 million dollars in the treasury and more dollars coming in every quarter and a stock float of 62 million, I think TAO is a potential takeover target from some of the bigger boys. They will never get a better time to takeover New Zealand oil. (Would explain all the insider buying going on......as they would be the first to know) CC

Bullboard Posts

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