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.

TSXV:TAO - Post by User

TAG Oil Ltd.

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Comment by RollinInDoughon Sep 09, 2019 2:38pm

79 Views

Post# 30109677

RE:NWX stock price catcing up with TAO stock price

today NWX trades above TAO stock price... I told ya a month ago it would happen... NWX has a real business model, making money, actually a lot of money, even paying taxes on its income and still showing growing treasury! TAO has no income... well maybe a bit of royalty income... but they are spenders while NWX is in the cash growth mode... with near $10 mill on the balance sheet as cash... no debt... moneny coming in each qtr.... about $2 mill to $2.5 mill in cash each qtr... after tax.. It is obvious which one to own... you TAG losers...LOL

both get royalty payments in Austarlia but NWX has a GOR on a big oil and gas fairway... not some NZ rubbish that shows no growth for years and years!

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