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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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Post by Nextlegupon Jun 16, 2023 4:02pm
140 Views
Post# 35500895

Nice volume and price spike today...

Nice volume and price spike today...Hopefully we hear some good news Monday on the results of the production test.

Personally, I think the news a week ago (Executive hired) was indicative that things were on track and moving in the right direction.

GLTA
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