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TAG Oil Ltd. V.TAO

Alternate Symbol(s):  TAOIF

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

Bullboard Posts
Post by sunnydays777on Nov 19, 2018 1:44pm
96 Views
Post# 28995521

Asset Sales to Tamarind

Asset Sales to TamarindIf we, small to medium size shareholders, want to deliver our message to the board, we should create an action committee with clear and narrow mandate. I think we need to pool together about 4 to 8 million shares to excercise any influence to the deal. I am against the deal just selling company assets. I own about 20,000 shares. If we put toghether about 200 medium sized shareholders thorugh proxy rights, this can be done. 
Bullboard Posts