TAG Oil Announces Senior Leadership Appointments for its Egypt Operations
TAG Oil Ltd. (TSXV: TAO and OTCQX: TAOIF) is pleased to announce the successful re-entry of the vertical well, BED 1-7, at the Badr Oil Field (“BED-1”) in the Western Desert, Egypt. The Company perforated the Abu Roash “F” formation (“ARF Formation”) and conducted a Diagnostic Fracture Injectivity Test (DFIT). The reservoir was further fracture stimulated with a large 110 tons sand treatment and pump schedule with positive response confirming reservoir models and projected performance. On flowback, the well unloaded to surface under natural flow and cleaned up approximately 40% of the injected fracture fluid with significant presence of 230