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:

Oil Co. Starts Drilling Horizontal Leg of Well in Egypt

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TAG Oil Ltd. has started drilling the horizontal portion of its first horizontal well in the Badr Oil Field in the Western Desert of Egypt. Find out why one oil executive said horizontal drilling "changed it all."

Successful Horizontal Well Would Be a Game Changer for Co.

Research Report
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By drilling this and future wells, the oil and gas firm is "looking to unlock the potential of the Abu Roash F formation," noted a Research Capital Corp. report.

Oil Company Could Become Major Producer In Egypt

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TAG Oil has begun an ambitious drilling campaign in the Egyptian desert. Read on to see what analysts have to say about TAG's stock.

Three Energy Companies That Deserve Your Attention

Contributed Opinion
  ()
Malcolm Shaw of Hydra Capital shares three international energy companies he believes are worth looking into.

Q3: Chen Is Still Bullish on This Precious Metal

  ()
Asset manager Chen Lin continues to rely heavily on this precious metal. Find out his top picks for the third quarter of 2023.

Oil Company Sees Successful Production in Egypt

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TAG Oil considers its drilling on the Abu Roash F Reservoir to be a success, and is considering the establishment of a second horizontal well. Read on to see the how much TAG has produced.

More Articles


Expert Comments:

Christopher Jones, Haywood Securities

(9/28/23)
"TAG Oil Ltd. announced it has commenced drilling the horizontal portion of the BED4-T100 well. . .with a lot of the geological risk removed from the successful vertical re-entry proof-of-concept well completed in the summer, along with good progress of its first horizontal well, we like the risk/reward down at these levels."

headshot of Chen Lin

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

(9/27/23)
"TAG Oil Ltd. came out with good news, that the company finished the vertical part of the drilling and is ready for the horizontal one. We anticipate this drilling to finish in three weeks."

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

(9/19/23)
"TAG Oil Ltd. is pursuing land-based, low-capex deals. . .the company is very close to getting the first horizontal fracking [done] in Egypt."

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

(9/7/23)
"TAG Oil Ltd.'s horizontal well will be drilled in two months. . .the company has 80−100 well locations and is working on more deals."

Christopher Jones, Haywood Securities

(9/1/23)
"TAG Oil Ltd. is guiding the Street to initial production rates of about 2,000 bbl/d on its horizontal wells. . .we know the oil is there, and now it's about fracking and extracting."

headshot of Bill Newman

Bill Newman, Research Capital Corporation

(8/30/23)
"We believe a stabilized flow rate of over 1 Mbbl/d from TAG Oil Ltd.'s T100 well could be a major near-term catalyst for the stock. With the completion of the financing, the company has additional financial flexibility to accelerate a drilling program at the BED-1 block and also to pursue additional acquisition in Egypt and in the broader Middle East and North Africa region."

More Expert Comments

Experts Following This Company

headshot of Stephane Foucaud
Stephane Foucaud, Analyst – Auctus Advisors
Christopher Jones, Associate Analyst, Energy Research – Haywood Securities
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
headshot of Malcolm Shaw
Malcolm Shaw – Hydra Capital Partners
Malcolm Shaw, Hydra Capital Partners – Hydra Capital Partners

Company News 

9/27/2023 – TAG Oil Commences Drilling the Horizontal Leg of its BED4-T100 Well After Successfully Logging the Vertical Pilot Hole

8/29/2023 – TAG Oil Reports Q1 2024 Results

8/22/2023 – TAG Oil Commences Drilling of First Horizontal Well in the Abu-Roash "F" Development in the Badr Oil Field

7/31/2023 – TAG Oil Reports FY2023 Results and Provides Corporate 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 book logo Streetwise Company Fact Sheet

2023/10/4 6:55:12

(TAO:TSX.V - TAOIF:OTCQX)

Analyst coverage

Auctus AdvisorsStephane Foucaud
Haywood SecuritiesChristopher Jones
Research Capital CorporationBill Newman

Newsletter coverage

Independent Investor

Hydra Capital PartnersMalcolm Shaw

Company News

View Latest News

Streetwise Reports Articles

09/28/2023 - View Article
09/05/2023 - View Article
08/31/2023 - View Article
08/03/2023 - View Article
06/29/2023 - View Article

streetwise book logoStreetwise - TAG Oil Ltd. Ownership Overview*

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

*Share Structure as of 8/31/2023
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