TAG Oil Announces Operation to Commence Long Term Production at BED4-T100 Horizontal Well
TAG Oil Ltd. (TSXV: TAO, OTCQX: TAOIF, and FSE: TOP) (“TAG Oil” or the “Company”) is pleased to announce that the initial flow-back operation at the BED4-T100 (“T100”) horizontal well has been completed. The workover rig has been mobilized to the T100 well location to swap the 4 ½” frac tubing with 3 ½” production tubing, install a jet pump for artificial lift, and immediately put the well on long term production. The Company anticipates announcing a 10-day initial production average in the second half of June, which will indicate actual productivity potential for the T100 well. Mr. Toby Pierce,