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Bullboard - Stock Discussion Forum
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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TSXV:TAO - Post Discussion
TAG Oil Ltd.
> Looks like they're milking the Cow..
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Nextlegup
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Post by
Nextlegup
on Aug 30, 2023 3:17pm
Looks like they're milking the Cow..
Not much else to say
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•••
oilinvestor52
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Comment by
oilinvestor52
on Aug 30, 2023 5:00pm
Good analogy! However TAG doesn't produce much milk but management know how to suck harder than most.
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