TAG Oil Ltd. TAOIF

@ the Bell: TSX reaches 3-week high

[Jonathon Brown]

The TSX climbed to its highest in three weeks as investors raised bets around a U.S. Fed rate cut after last’s week soft payrolls data. read article.

[oilisswell]

Since they finished fracing on April 25, allow a couple of days for drilll out and a couple of days for rigging up to commence flow back, I would say a couple of days ago?? That is, if all went well

[waitingstill]

Anyone know when they started flowing frac fluid out of the hole? Watch this... https://twitter.com/tagoilltd/status/1786118598492315975

[Jonathon Brown]

While energy gains propel the TSX, industrials get attention from the EV market and investors navigate another week of mining sector activity. read article.

[jake1444]

Stopped due to wellbore instability if I remember correctly. May not be able to drill the full length. Like you said we only have a short time to wait. I hope your predictions are correct. 

[GoJerez2]

Yes my apologies.  Yes i think 1000 boed minimum. Due to natural fracture zone and high pressure. It would be foolish for management to have stopped the original plan if they have a small

[jake1444]

Yes I was asking you if you thought that a 1000 boepd well would be a failure. My understanding is that on the 1000 meter leg there was talk of 1000-1500 boepd but given the shortened horizontal leg

[GoJerez2]

You stated "Surely you kid about the numbers you posted? A 1000 boepd out of a 300 meter horizontal leg would be considered a failure? " may have mis read .... you're referring to my

[jake1444]

Contradicting what previous post?

[GoJerez2]

Not sure if you've made a typo but you're contradicting your previous post re rates for success or failure??! 500 boe/d would be a dud  need 2000-3000boe/d to generate any excitement

[jake1444]

Given the reduction in the horizontal portion of the well from 1000m to 309m, I would think given this being a heavy oil field, 500 boepd would be good. Above 1000 boepd would be a home run in my eyes

[GoJerez2]

What are you expecting? 

[jake1444]

Surely you kid about the numbers you posted? A 1000 boepd out of a 300 meter horizontal leg would be considered a failure? 

[GoJerez2]

Thank you for your post 1000 boe - stock will fall back 2000 boe is positive .... need more wells 3000 boe the stock will run much higher 

[pensionmoney]

welcome, The immediate future of TAG will be the results of the oil flow from the well they are currently working to complete. The flow of frac fluid should be completed in a week or so, then they

[KaiPar07]

Kinda new to investing in oil & gas, what should be looking for from TAG going forward and how much is their simply a function of the price of oil? 

[PressRelease]

VANCOUVER, BC, April 29, 2024 /PRNewswire/ - TAG Oil Ltd. (TSXV: TAO) (OTCQX: TAOIF) and (FSE: TOP) ("TAG Oil" or the "Company") is pleased to report the filing of its financial results for the fiscal year ending December 31, 2023. A copy of TAG Oil's financial statements, management discussion...read article.