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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 6:53pm
38 Views
Post# 29888025

frankthe fool...LOL

frankthe fool...LOL
did ya know NWX pays out cash to shareholders.... last two years 5 cents a share each year... so that is a dime or $10 mill paid out 

PLUSSS

the two prior years 10 cents a share each year... 20 cents in total over those 2 years... another $20 million

so nwx has paid out to shareholders in total almost $30 mill in 4 years... now they have close to $10 mill on the books... in total that is $40 mill.... and that is all TAO has... but TAO will not pay it back to sharelosers... no they won't... they will spend it... every penny... YOU get nothin from them

I bought NWX years ago at 3 pennies... they paid me 30 cents in dividends on my 3 cent investment.;.. PLUS  I still own 30 cent stock... you will never see that kind of return here...LOL

hell for my 3 cents... I am at about 60 cents... big return huh???  TAO has tanked over that time frame...LOL

whahaaaaaahhaaaaaaaaaaaa  you cannot read any balance sheet you dimwit...LOL

you is dumb and a shareLOSR!!!  LOL
Bullboard Posts