Vancouver, B.C. – January 29, 2019– International oil and gas explorer, TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF), reports that the Toronto Stock Exchange (the “TSX”) has approved TAG’s request to commence a normal course issuer bid to purchase and cancel up to 6,441,258 of its common shares, which
Vancouver, B.C. – January 3, 2019 – International oil and gas explorer, TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) is pleased to report that at the special meeting of TAG’s shareholders held earlier today (the “Meeting”), TAG’s shareholders approved the proposed special resolution regarding the arm’s length sale of
Vancouver, B.C. – November 14, 2018 – International oil and gas explorer, TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) is pleased to report its second quarter results for the interim period ending September 30, 2018. TAG Oil saw an increase its net daily production by 14% along with a
Vancouver, B.C. – November 6, 2018 – TAG Oil Ltd. (“TAG”, TSX: TAO and OTCQX: TAOIF) announced today that it, along with certain of its subsidiaries in New Zealand, has entered into a definitive share and asset purchase agreement with Australian-based Tamarind Resources Pte. Ltd. (“Tamarind”), and certain of its
Vancouver, B.C. – October 18, 2018 – In response to market rumors that have come to its attention, TAG Oil Ltd. (“TAG”, TSX: TAO and OTCQX: TAOIF) stated today that it regularly evaluates potential strategic opportunities to create value for its shareholders. From time to time, this process leads to
Vancouver, B.C. – September 5, 2018 – TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) is pleased to announce the results from its 2018 annual general meeting of shareholders (the “Meeting”) held in Vancouver, B.C. on September 4, 2018. All six of the nominees listed in TAG Oil’s management information circular dated August 1, 2018 that were proposed by management for election to the board of directors at the Meeting were duly elected. The directors will remain in office until the next annual meeting of the Company’s shareholders or until their successors are elected or appointed.
Operational Update
Production over the month of August to date is above guidance with a current gross daily average rate of 1,311 boe/d (80% oil).
The first phase of the planned workover program at Cheal is now complete. Namely, the workovers at the Cheal-A11 and B6 wells were recently completed and the wells are now back on production and producing from the Urenui formation.