TAO:TSX.V; TAOIF:OTCQX

TAG Oil Ltd.

TAG Oil is a Canadian-based and listed oil and gas exploration company pursuing acquisitions, exploration, and production in the Middle East and North African (MENA) region.

Our forward-looking strategy is to position the Company for significant growth via strategic acquisition, property development, enhanced production methods, and capitalizing on overlooked opportunities. TAG Oil's leadership team has demonstrated success implementing these strategies in the past, and looks to the future to build new, significant shareholder value.

TAG has the first piece of its MENA-based strategic acquisition plan into place with its first petroleum services agreement in the Badr Oil Field (BED-1), Western Desert, Egypt that potentially holds more than 500 million barrels of oil in place, and to date, the ARF zone has never been developed in Egypt.

The Company also continues to receive production royalties in New Zealand, and maintains a solid balance sheet.

TAG Oil Ltd. is a billboard sponsor of Streetwise Reports and paid a fee for this company profile page. Please refer to the important disclosures below for additional details.

Recent Articles:

Co. Reports Successful First Oil Production in Egyptian Field

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Tag Oil Ltd. recently announced the successful first oil production in its vertical well, BED 1-7, at the Badr Oil Field (BED-1) in the Western Desert of Egypt. Read more to see what experts are saying and what catalysts are up and coming.

Event Next Month Could Boost Oil & Gas Co.'s Stock Price

Research Report
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An oil flow rate for this well in Egypt is expected to be announced this June after 30 days of production testing, noted a Research Capital Corp. report.

Oil Company Advances Drilling Operation in Egypt

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TAG Oil Ltd. has completed its fracture stimulation to advance its drilling operation on the Abu-Roash Formation. Click here to see how the company plans to prepare for drilling.

Groundbreaking Drilling To Commence in Egypt

Research Report
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The oil and gas company working in Egypt is set to spud T100 in mid-2023 with stabilized flow rates in Q4 of this year, according to a Research Capital report.

Oil Co. Announces Re-Completion of Egyptian Badr Oil Field

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Recently, Tag Oil Ltd. announced it has commenced re-completion in the existing vertical well BED 1-7 in its Badr Oil Field in the Western Desert of Egypt. Read to learn what the company has in store for the rest of the year, where the oil market is headed, and what experts are saying about this company.

Co.'s Test Results from Vertical Well Due Out This Month

Research Report
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The oil and gas firm will use these new data, when available, to design a horizontal well in the same Egyptian formation, noted a Research Capital Corp. report.

More Articles


Expert Comments:

headshot of Chen Lin

Chen Lin, What Is Chen Buying? What Is Chen Selling?

(5/16/23)
"I talked to the management of TAG Oil Ltd., and they are excited about the fracking results. . .they are working hard to acquire additional land positions nearby."

headshot of Stephane Foucaud

Stephane Foucaud, Auctus Advisors

(5/12/23)
"Net cumulative oil produced during the short flowback of TAG Oil Ltd.'s BED 1-7 well was in excess of 500 bbl. According to the company, the production results confirm the economic feasibility of this resource play."

headshot of Chen Lin

Chen Lin, What Is Chen Buying? What Is Chen Selling?

(5/9/23)
"TAG Oil Ltd. just announced a successful frack operation; initial indications are good, right on target. API is 23, at the high end of the company's expectation of 1826. . .the next step is the 30-day flowback."

Chen Lin, What Is Chen Buying? What Is Chen Selling?

(4/24/23)
"TAG Oil Ltd. jumped last week after it announced on Twitter it successfully performed a frack; now we just need to wait for the flowback number. I applaud the management for giving the latest update on Twitter, otherwise shareholders would be left in the dark."

Chen Lin, What Is Chen Buying? What Is Chen Selling?

(4/17/23)
"I am waiting for TAG Oil Ltd.'s fracking results; they should come out any day now. Any flow higher than 300 bbl/d is a victory because it is pointing to 3,000+ bbl/d from a 10- to 15-stage horizontal well that the company plans to drill next."

Chen Lin, What Is Chen Buying? What Is Chen Selling?

(4/4/23)
"The oil price jumped to $80 over the weekend, and this is great news for my oil stock, TAG Oil Ltd., which should release very important news on fracking this month. The price jumped immediately after Saudi and Russia, together with the Organization of the Petroleum Exporting Countries, announced 1+ MMbbl production cuts."

More Expert Comments

Experts Following This Company

headshot of Stephane Foucaud
Stephane Foucaud, Analyst – Auctus Advisors
headshot of Chen Lin
Chen Lin What Is Chen Buying? What Is Chen Selling?
headshot of Bill Newman
Bill Newman, Vice President, Senior Analyst – Research Capital Corporation
Malcolm Shaw, Hydra Capital Partners – Hydra Capital Partners

Company News 

5/9/2023 – TAG Oil Achieves First Oil Production in the Badr Oil Field, Western Desert, Egypt

3/30/2023 – TAG Oil Provides Operations Update

2/28/2023 – TAG Oil Reports Fiscal Q3 2023 Results and Provides Badr Oil Field Operations Update

Important Disclosures
TAG Oil Ltd. is a Billboard advertiser of Streetwise Reports and pays a flat fee. Fees fund both sponsor-specific activities and general report activities. Sponsor-specific activities may include aggregating content and publishing that content on the Streetwise Reports site, creating and maintaining company landing pages, interviewing key management, posting a banner/billboard, and/or issuing press releases. The fees also cover the costs for Streetwise Reports to publish and syndicate investment opinion and comments, and also to curate or create sector-specific content. Billboard advertising monthly fees range from $3,000 to $5,000. This landing page contains a summary of the company that was prepared by that company. Some landing pages contain investing highlights and a catalyst calendar that are prepared by that company. The Expert Comments and Experts Following This Company sections of the landing page are compiled by Streetwise Reports. There may be other information about the company that is not placed on the landing page, and Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on the landing page. Readers should conduct their own research for all information publicly available concerning the company. This landing page may be considered advertising for the purposes of 18 U.S.C. 1734.

Streetwise Company Fact Sheet

2023/5/29 22:12:53

(TAO:TSX.V - TAOIF:OTCQX)

Analyst coverage

Auctus AdvisorsStephane Foucaud
Research Capital CorporationBill Newman

Newsletter coverage

Independent Investor

Hydra Capital PartnersMalcolm Shaw

Company News

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Streetwise Reports Articles

05/16/2023 - View Article
05/11/2023 - View Article
04/20/2023 - View Article
04/06/2023 - View Article
03/09/2023 - View Article

Streetwise - TAG Oil Ltd. Ownership Overview*

TAG Oil Ltd. (TAO:TSX.V; TAOIF:OTCQX)

*Share Structure as of 5/12/2023
Investing Highlights
 
Unique in the international oil and gas arena
 
Focus on exploitation and development of later life conventional assets
 
Utilization of advanced technologies and unconventional experience driving production
catalyst Calendar
Q1
2023
First well re-completion results early March 2023
Q2
2023
First Horizontal Well May/June 2023
Q4
2023
Potential 2nd Horizontal well December 2023/January 2024