Primed for expansion

UNCONVENTIONAL RESOURCE DEVELOPER IN Egypt

TAG Oil is a Canadian-based and listed oil and gas company and the first to explore and develop the Abu Roash "F" (ARF) formation in Egypt's Western Desert.

The Company first entered Egypt in 2022, acquired the BED-1 concession, and began targeting the ARF, a tight oil-bearing rock that had been identified but not developed in a meaningful way with conventional drilling methods. TAG already has two producing well generating revenue, and is now starting to build that base into a much larger unconventional oil opportunity though horizontal drilling and hydraulic fracture stimulation.

TAG later expanded its position though the successful award in November 2025 of the much larger Southeast Ras Qattara (SERQ) concession.

“At BED-1 , the company first ran a vertical test, then drilled a horizonal well. Both wells have produced more than 60,000 barrels of oil from the ARF play. With production in place and a funded 2026 capital program, the Company is ready to build on early success and push toward a larger growth phase.