TAG Oil Ltd. (TSX-V: TAO) is a Canadian company exploring new sources for oil and natural gas in New Zealand. Although New Zealand may not come to mind as a perfect location for oil and gas exploration, it actually offers an actually ideal situation for exploration, generation and acquisition of previously untapped sources of much-needed natural resources. New Zealand offer a stable economic and political environment, as well as thousands of acres land of under-explored oil and gas sources. Tag Oil is aggressively pursuing these opportunities and is poised to benefit from establishing itself as an international company operating in a target rich environment. As Tag Oil further entrenches itself in New Zealand and uncovers formidable sources for the location of oil and gas production, HWS will be closely watching how this company benefits from operating in what may well be the new frontier for capturing two of the world’s most profitable resources — oil and gas.
TAG Oil Announces Year-End Financial Results and Operating Highlights
VANCOUVER, July 29 /CNW/ – TAG Oil Ltd., (TSX-V, trading symbol: “TAO”) a Canadian-based production and exploration company with operations in New Zealand, reported financial results and operating highlights today. TAG reports that it has filed these results along with its Annual Information Form with the Canadian Securities Administrators as well as NI 51-101-compliant reserves [...]
TAG Oil Announces a 450% Increase to Mt. Messenger Reserves in Taranaki Oil Field, New Zealand
VANCOUVER, July 8 /CNW/ – TAG Oil Ltd. (TSX-V: TAO – News) is pleased to announce that an independent assessment of reserves on the Cheal Mining Permit, onshore Taranaki Basin, New Zealand, conducted as of March 31, 2010, has assigned net proved and probable reserves remaining of 651,000 barrels of oil, plus associated gas of [...]
TAG Oil Announces 365% Production Increase at Cheal A7 Well with First Fracture Stimulation in New Zealand Oil Field
VANCOUVER, May 13 /CNW/ – Oil and gas producer TAG Oil Ltd. (TSX-V: TAO) is pleased to announce that the Company has successfully completed its first fracture stimulation at the Cheal oil and gas field since acquiring a 100% interest in the Taranaki Basin new field oil and gas discovery in late 2009.
TAG completed a [...]
TAG OIL Update: Thursday, April 1
Just two days ago on March 30, I wrote:
“I have drawn a support [RED] line begun late last October. Tag Oil penetrated this support line briefly today before rebounding and closing higher at $2.24. I believe this support line now becomes a solid area for adding to, or initiating long positions in this oversold [...]
Positive Drill Results Further Validate TAG’s East Coast Basin As Significant Oil Shale Prospect
Vancouver, B.C. – March 30, 2010 – New Zealand oil and gas producer and explorer TAG Oil Ltd. (TSX-V: TAO) announced today that the first stratigraphic well in TAG’s initial three-well Waitangi Hill program has been drilled to a total depth of 171m. The results, including “free oil” in core samples, further indicate Waitangi Hill [...]
TAG OIL Update: March 30, 2010
A little over a month ago I wrote:
“I do caution however that any prolonged weakness the rest of this week or a failure to break through $3.75 could suggest a further sell-off down to the $2.45 level.”
Tag Oil subsequently sold up to $3.45 but was unable to challenge the $3.75 level and [...]
TAG OIL ACHIEVES STRONG QUARTERLY RESULTS AND UPDATES OPERATIONS
Tag Oil Ltd. has released its financial results and details on the completion of several strategic acquisitions. These acquisitions firmly position Tag with 100% control of all assets, including near-term production and reserve growth potential at producing properties, low-risk exploration prospects in the Taranaki discovery fairway, and a 2.4 million-acre unconventional fractured oil shale frontier.
Highlights [...]
