Delivering News That Matters

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 [...]

TAG OIL Update: February 16, 2010

On February 3, 2010 I wrote:
“As strong as the TAG OIL move has been, I am always looking for such dramatic moves expecting retracement of some of the gains. As a strictly technical opinion I fully expect that tomorrow may see TAG OIL trade higher before retracing this weeks gains and possibly trading down [...]

TAG OIL: February 3, 2010 Update

TAG OIL opened yesterday at $3.08 and immediately sold down to $3.03. However, the great run that this stock has seen for the past three months kicked back in and by 10:34AM the stock ran up to trade at the high of the day and a new all time high of $3.55.
I have attached a [...]

TAG OIL UPDATE: February 2, 2010

On January 29, I wrote:
“In fact TAG OIL [ticker symbol: TAO on Vancouver Exchange] did trade down over the next two days, bottoming out at $2.15. We have now seen 5 consecutive up days and today the stock closed at $2.50 for a gain on the week of $0.28. Considering that the TSX index [...]

TAG OIL: January 29 Update

On January 20, I wrote:
” Tag Oil broke down through my first level of support at $2.10 and sold down to $1.81 on January 11. As you look at the chart you will notice that volume has steadily increased and today 415,000 shares traded, the highest daily volume in over a year. The stock has [...]

TAG Acquires Remaining Key Acreage Covering Kawakawa Oil Shale Prospect in New Zealand’s East Coast Basin

VANCOUVER, Jan. 26 /CNW/ – New Zealand oil and gas producer, TAG Oil Ltd. (TSX-V: TAO – News) is pleased to announce that the Company has been awarded a 100% interest in a 61,900-acre permit extension to the Company’s PEP 38349 permit, located in the southern portion of the onshore East Coast Basin, New Zealand.
When [...]

TAG OIL : Jan. 20/10 Update

On December 19, 2009 I wrote:
“TAG Oil ended a volatile week of trading and closed at $2.45 on volume of 263,000 shares. Today’s close saw a gain for the week of $0.85 [+53%] and a strong volume for the week as we saw 1,165,000 shares changing hands.
I anticipate next week will see further profit [...]

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