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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
Comment by oilinvestor52on Dec 14, 2018 8:14pm
85 Views
Post# 29118689

RE:RE:RE:RE:RE:RE:RE:RE:Voted 800000 shares against

RE:RE:RE:RE:RE:RE:RE:RE:Voted 800000 shares against for those of you that want continue exposure to New Zealand, check out New Zealand Energy (NZ: TSXV). Its trading at a penny with market cap of $2M Canadian dollarettes. Perhaps thats where TAG will trade if sale doesnt go through.

NZE have a very key mining permit and infrastructure in onshore Taranaki with a proven and wildly succesful operator (Greymouth) who took over NZE's board and operations a year ago. They have done a great job of turning a small profit after taking over a money pit and mis managed operation. Significant discoveries, development, exploitation and exploration potenital and control strategic pipleine and gas processing infrastructure. Several times larger acreage and more perspective in my opinion than TAG's NZ assets.




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