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... see more

TSXV:TAO - Post Discussion

TAG Oil Ltd. > News Leak???

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Post by oilisswell on May 15, 2024 3:03pm

News Leak???

Crude is up on the day and TAO is down, now over 8% to $0.55. Has news been leaked? Or is it selling before "possible" bad news? Either way, it has been 2 weeks since were at these levels. Could prove to be a great entry point prior to the flow results. Since there are many more wells planned this first well is just the beginning. GLTA

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Comment by GoJerez2 on May 15, 2024 4:32pm

I agree with you. bizarre to sell before the announcement. days away from the knowing. We know oil flowed and there is very high pressure. So is it 500 or 1000 or 2000boe/d each scenario will impact the stock. God willing it's amazing so we run hard

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