TAG Oil Increases Exploration Interests in Taranaki Basin
Vancouver, B.C. – December 11, 2014 – TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), announces that New Zealand Petroleum and Minerals has awarded the Company 100% interest in two new onshore Taranaki Basin permits: Petroleum Exploration Permit 57065 (“Sidewinder North”) and Petroleum Exploration Permit 57063 (“Waiiti”). Both permits, which add a combined 36,781 acres to TAG’s Taranaki Basin exploration portfolio, are situated in a prolific oil and gas production fairway in close proximity to producing oil and gas fields. Together with the Company’s existing permits, TAG now operates ten exploration and production permits in the Taranaki Basin, and a total of