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. > Just checking

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Comment by RockLobster1on Jun 20, 2023 12:38pm

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Post# 35505505

RE:RE:Just checking

ah yes... we were on the VLE board during the good and bad times... I was in the IPO for that one... luckilu sold some and then added when it was below cash... they finally did deals and it has done great... my largest position.

Started to roll some of that money into this one... more to come.

The crazy thing about that VLE board was that there was one old guy who everyone took as a basher.. ., but from his keypad he nailed it that Turkey was not yet commercial based on his experience... wish I took his advice fully.

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