TAG Oil Announces Abandonment Plans at Waitangi Valley-1 and Return to Drilling of Core Production Assets in Taranaki
Vancouver, B.C. – September 16, 2014 – TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), reports the Company has agreed that after encountering extreme drilling conditions, including high-pressure shallow hydrocarbon zones, in the interest of safety, the surface section of the Waitangi Valley-1 well, located in Petroleum Exploration Permit 38348, will be