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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 [...]
GeoGlobal Announces Commencement of Drilling in Rajasthan
CALGARY, ALBERTA–(Marketwire – April 26, 2010) – GeoGlobal Resources Inc. (GeoGlobal or the Company) (NYSE Amex:GGR) announces today that the drilling of the first well on the Rajasthan blocks, the Rachan-1, commenced on April 21, 2010. Oil India Limited, as operator of the Exploration Block RJ-ONN-2004/3 (RJ Block 21), is drilling the Rachan-1 vertically to [...]
Sterling Resources announces 2009 operating and financial results and NI 51-101 reserves disclosure
CALGARY, April 20 /CNW/ – Sterling Resources Ltd. (TSX-V:SLG – News; “Sterling” or the “Company”), an international oil and gas company with exploration and development assets in the United Kingdom, Romania and France, is pleased to announce operating and financial results for the year ended December 31, 2009. Unless otherwise noted all figures contained in [...]
Petro Vista Announces Successful Development Well in Brazil
VANCOUVER, BRITISH COLUMBIA – April 12th, 2010 – (TSX-V:PTV). Petro Vista Energy Corp. (“Petro Vista” or the “Company”), is pleased to announce that the 7-TTG-1DP-SES development well on the Tartaruga Block in Brazil has been successfully drilled to a total depth of 3,445 metres. A total potential net pay interval of 101 feet (31m) minimum [...]
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 [...]
