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.

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TAG Oil Ltd. > Go Abby and Go Toby

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Comment by moneysworthon Feb 12, 2024 3:29pm

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Post# 35876148

RE:RE:RE:RE:RE:RE:RE:Go Abby and Go Toby

Well Donald, if you bothered to do a little DD you'd see they have a strong balance sheet. Should complete this first Hz well, and all the associated costs with at least $13 to $14 million Canadian in the bank. Though, realize you've got a conspiracy theorist agenda. No question they're totally responsible for the hiccups and ALL of the cost overruns. They aren't a very experienced team, and definitely want this drilling campaign to fail. Their just in it for meagre working capital that's left and will then move on. Don't care at all about their reputations. Stay negative Donald, stay negative. :(

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