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 johnttocon Nov 16, 2018 9:28pm

94 Views

Post# 28988418

RE:RE:RE:Let's Get our Cash Back!

I listened to Toby
- The only thing that did not make sense was the value of the plant and equipment being valued at zero dollars even though our balance sheet has a higher price fixed to them.
- Is he trying to say that our management team knowingly had an incorrect dollar value on our assets.
- That concerned me because we depend on them to provide accurate info.
- We pay our management team to manage an oil company... not to manage OUR money
- I don’t want this payment to gaurentee our Management teams pay checks into perpetuity .
They are paid by us to run an oil company .

im voting no

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