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 frankythetankon Sep 19, 2018 9:15am

77 Views

Post# 28645405

RE:RE:RE:Is anyone here??

It looks like the big seller is gone but I don't know if YF fin. is finished accumulating. I would think they want to drive the price up before they stop accumulating. They got like 10 million shares under 41 cents. Thats amazing for a company that if it hits its production target will have cash flow less then 1 times the current market cap.. I get oil isn't sexy any more but how can investors chase stocks trading 100-1000 times cash flow in cannabis that are trading 10 times NAV> There will be to much competition for all these companies to make money.

tank

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