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Bullboard - Stock Discussion Forum 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... see more

TSXV:TAO - Post Discussion

TAG Oil Ltd. > News is out
View:
Post by RockLobster1 on Jul 08, 2024 9:40am

News is out

we got the news... sounds non blockbuster but basically fine with progress taking place.

I'll be interested in opinions of O&G folks here and M Shaw.

good luck
Comment by Overertune on Jul 08, 2024 11:30am
Much lower than what Shawn was predicting. He is losing credit for me.
Comment by oilisswell on Jul 08, 2024 1:12pm
Cleaerly the market is not impressed. However, the well was only 1/3 of the anticipated length, therefore one can assume it would have been ~1500 bod if completed as planned. SP will lag until they can prove it!
Comment by Surfit on Jul 08, 2024 5:48pm
Does anyone know, the price per barrel they are receiving post costs?  Rgds Sft
Comment by oilinvestor52 on Jul 08, 2024 6:11pm
For me, the question now is how much money does TAG have left and how much potential dilution might be coming. Project has merit but a lot more money will be needed to exploit it.  Donald
Comment by Surfit on Jul 09, 2024 3:48pm
Brief discussion on the results on watchlist via stock house with Toby Pierce  https://stockhouse.com/news/press-releases/2024/07/08/tag-oil-provides-flow-test-and-production-update-for-bed4-t100-horizontal-well Rgds Sft
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