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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.
> Balance Sheet
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(104)
•••
westshore
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Post by
westshore
on Jan 09, 2025 2:10pm
Balance Sheet
To much paper issued-out...
Options warrants combined -over 250 mil yet...
still need to clean this up i think...??...
I will wait.....Sector likely flat for a while....anyway...
remains on my watch list for now....
GLTA
(54)
•••
moneysworth
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Comment by
moneysworth
on Jan 09, 2025 7:52pm
No question 2024 wasn't kind to TAG. However, after the management restructuring and acquisition of a prime package of a half million oil producing acres, really like my chances here. Any success with the vertical drill program, and subsequent horizontal well, will translate into a healthy increase in the SP. Abby's got an impressive track record in the industy, and he just threw a million
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