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:

Successful Horizontal Well Would Be a Game Changer for Co.

Research Report
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

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

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.

Production Test Results of Co.'s Oil Well Positive

Research Report
The stabilized flow rate of this vertical well in Egypt bodes well for imminent testing of the firm's first horizontal well in the same 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?

"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

"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

"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."

Christopher Jones, Haywood Securities

"From May 2022–January 2023, TAG Oil Ltd.'s stock had a good run from $0.20/share to $0.79/share ahead of results of the vertical re-entry and a bit of marketing. This performance is more than enough to extrapolate what may happen on the back of a successful horizontal well, and with a lot of the geological risk removed from the successful vertical re-entry, we like the risk/reward down at these levels."

headshot of Chen Lin

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

"TAG Oil Ltd. is looking extremely interesting ahead of the coming catalysts. The company already started to drill the first ever horizontal well and will complete it before 2023E, likely October-November. . .I would take a position ahead of the leak and hope for good news."

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

"I added to my position in TAG Oil Ltd. The weak Chinese data crashed the commodities this week."

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
Malcolm Shaw, Hydra Capital Partners – Hydra Capital Partners
headshot of Malcolm Shaw
Malcolm Shaw – Hydra Capital Partners

Company News 

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.

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2023/9/21 8:37:40


Analyst coverage

Auctus AdvisorsStephane Foucaud
Haywood SecuritiesChristopher Jones
Research Capital CorporationBill Newman

Newsletter coverage

Independent Investor

Hydra Capital PartnersMalcolm Shaw

Company News

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Streetwise Reports Articles

09/05/2023 - View Article
08/31/2023 - View Article
08/03/2023 - View Article
06/29/2023 - View Article
06/27/2023 - View Article

streetwise book logoStreetwise - TAG Oil Ltd. Ownership Overview*


*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
First well re-completion results early March 2023
First Horizontal Well May/June 2023
Potential 2nd Horizontal well December 2023/January 2024