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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 RollinInDoughon Jul 04, 2019 5:15pm
46 Views
Post# 29887861

what??? $3 mill???

what??? $3 mill???you are dumb as a stick sonny.... if you don't count the cash they invested in short term paper to get some interest.... but what dummy would not see that???  LOL

TAO is simply now burning cash... the ceo has left, so what do they do...??  maybe drill sometime next year... meanwhile burn a mill in listing fees, a mill in exec costs, when they find some unknown to run this $hit show...LOL... what a dead company if I ever saw one...

only a dummy would own this... like you!.  who does not even know what NWX has in cash.... close to $8 mill now.... and they are getting about $10 mill pretax a year... tao is not getting near that... all they have is some tiny GOR worth less than $1 mill... a tenth of what NWX has.... 

man what a dolt.. you do not even know enuf to read a balance sheet... or income statement to see NWX has about $8 mill of cash and equivalent... not $3 mill you dumb fool... whaaaahhaaaaaaaaa

is this guy stooopid?  wow... no wonder the fools owns this rubbish...LOL
Bullboard Posts