TAG Oil Reports FY2016 Results
Vancouver, B.C. – June 29, 2016 – TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) is pleased to report the results for the fiscal year ending March 31, 2016, in which the Company has successfully implemented and adjusted its growth strategy in light of low oil pricing. TAG has preserved capital, reduced costs, substantially strengthened its technical and operating capability, while also maintaining consistent revenue and stable production with a focus on low cost field optimizations. Capital expenditures for FY2016 were cut back significantly as TAG Oil focused on its core producing operations, deferred the majority of its exploration focused