TAG Oil Announces Success at the Cheal-E8 Exploration Well
Vancouver, B.C. – May 24, 2017 – TAG Oil Ltd. (the “Company” or “TAG Oil”) (TSX: TAO and OTCQX: TAOIF) is pleased to announce the successful drilling and flow testing of the Cheal-E8 exploration well, which will now be tied-in to TAG Oil’s existing infrastructure as a permanent producer. The Cheal-E8 well was drilled on TAG Oil’s 70% working interest and operated Cheal East permit (PEP 54877) in the Taranaki Basin of New Zealand. The well was drilled and completed on time and on budget to a total measured depth of over 2,000 meters. The primary objective of Cheal-E8 was