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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

Comment by moneysworthon Nov 16, 2023 8:24pm
143 Views
Post# 35740379

RE:RE:RE:RE:RE:RE:New Press Release - TAG Oil Provides Update on BED4-T100 Well Drilling Operations

RE:RE:RE:RE:RE:RE:New Press Release - TAG Oil Provides Update on BED4-T100 Well Drilling OperationsYou're absolutely right, was trying to make a funny, but you caught me red handed. Honestly didn't realize how much of an authority you were on ALL aspects of unconventional drilling. No question you'd have completed the vertical pilot hole and the horizontal with multi stage fractures in the Bed 1 concession in half the time and at a mere fraction of the cost. No wonder as the "father of fracking," you feel justified to trash Tag's management for their greedy behavour at every turn. Don't worry, definitely won't be questioning you here anymore. :)
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