TAG Oil Reports Consistent Production Growth and Record Quarterly Revenue
Vancouver, B.C. – November 14, 2014 – TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), is pleased to announce the Company achieved record operating revenue of $16.2 million for the second quarter ending September 30, 2014, up from $15.5 million in the first quarter, in combination with consistent production growth averaging 1,845 barrels of oil equivalent per day (78% oil) during Q2 operations and 1,990 (76% oil), boe/d in October 2014. Based on the growing oil production trends from its Taranaki Basin operations, TAG is pursuing a number of alternatives with a view to materially grow the Company’s high netback oil production.