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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 26, 2019 9:52am
66 Views
Post# 30166521

RE:Residual Net asset value - $0.80

RE:Residual Net asset value - $0.80LOL.... dreamer... and fool

cash 7.3 mill.... the company just said athey have $30... total on closing...LOL  not the over $48M you claim...LOL  guess the company is a liar, not you of course...LOL


oh...$6M for that explor land... not a chance... it is worthless unless they find some oil besides 10 bopd...LOL

milestone payments $6 mill?  unlikely cause the gov't there is big time against allowing oil production to grow.. you dummy...lol  

GOR... $8 mill for 1000 boepd?  NOPE!  if that were true... would not NWX GOR on 13000 bopd be worth about 13 times the 1000 boepd they get?  giving NWX a value of over $100 mill when it trades at only $30 M?  you seem to be at least 3 times high to what the market values the GOR at... you pumper... oh...plus ther operator on that GOR for NWX is targeting a 50% increase this year to 20,000 bopd... still valued at $30 mill by MrMarket... you dweeb...LOL

gawd what a dreamer valuation/// ltsa luck chuck, you is pretty dumb though...LOL
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