TAG Oil Reports Q3 2019 Results
Vancouver, B.C. – February 14, 2019 – International oil and gas explorer, TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) is pleased to report its third quarter results for the interim period ending December 31, 2018. Of notefor the quarter, revenues generated from oil and gas sales increased by 12% along with a 1% increase in net daily production. Q3 2019 HIGHLIGHTS At December 31, 2018, the Company had $2.8 million (September 30, 2018: $3.2 million) in cash and cash equivalents and $3.1 million (September 30, 2018: $2.4 million) in working capital. Average net daily production increased by 1%