TAG Oil Ltd.
Symbol: TSXV: TAO OTCQX: TAOIF
Market Cap: Private
- 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.
- In October 2022, TAG entered into a petroleum services agreement to develop the Abu Roash “F” reservoir of the 107 square km Badr Oil Field (BED-1) located in the Western Desert of Egypt
- Following the award of the BED-1 field, TAG completed a $25.3 M underwritten offering.
- Re-completion and evaluation operations recently commenced on the BED 1-7 well with initial results expected in March 2023.