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    Öl -und Gas Juwel glänzt mit historischem Hammervolumen - 500 Beiträge pro Seite

    eröffnet am 29.07.10 21:11:41 von
    neuester Beitrag 06.02.19 18:57:50 von
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    ISIN: CA87377N2005 · WKN: A0RF4G · Symbol: TAO
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    Letzter Kurs 27.03.24 TSX Venture

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     Ja Nein
      Avatar
      schrieb am 29.07.10 21:11:41
      Beitrag Nr. 1 ()
      Moin liebe Community,

      den aktuellen Volumenausbruch bei Tag Oil (V.TAO) von heute, nehme ich zum Anlass einen neuen Threat zu dieser Wahnsinnsperle zu eröffnen. Seit einem Jahr legt TAO einen wahnsinns Sprint hin und glänzte bereits als Tenbagger. Nach einer gesunden Konsulidierung über die letzten Monate könnte es jetzt zu weiter steigenden Kursen kommen.

      Diese News von heute ist ausschlaggebend:

      http://www.stockhouse.com/tools/?page=%2FFinancialTools%2Fsn…

      Gibt es Meinungen ?

      gruss neilsn
      Avatar
      schrieb am 30.07.10 10:32:18
      Beitrag Nr. 2 ()
      Antwort auf Beitrag Nr.: 39.899.974 von neilsn am 29.07.10 21:11:41Gestern wurden knapp 1 MIO Stücke gehandelt :eek: dabei waren einige größere Blocktrades.

      1x sogar über 800.000 Stücke :eek:

      29.07.2010 17:00:47 M 2,5500 800.000

      Warum sich der Kurs sich nicht nach oben bewegt hat erkläre ich mir durch " Sell on good News "

      Die richtigen " Good News " werden allerdings erst ab November kommen, wenn die Bohrergebnisse bekannt gegeben werden.
      Avatar
      schrieb am 31.07.10 08:50:50
      Beitrag Nr. 3 ()
      Antwort auf Beitrag Nr.: 39.902.002 von neilsn am 30.07.10 10:32:18sieht doch nett aus oder ? :)


      Avatar
      schrieb am 01.08.10 11:48:13
      Beitrag Nr. 4 ()
      Moin

      Warum sich der Kurs sich nicht nach oben bewegt hat erkläre ich mir durch " Sell on good News "

      Ich denke dir Erklärung für die Seitwärtsbewegung findest Du hier in der News:

      http://www.stockhouse.com/tools/?page=%2FFinancialTools%2Fsn…

      Da heist es:

      The Company sold, through a syndicate led by GMP Securities L.P. and including Cormark Securities Inc. (the "Underwriters") a total of 7,700,000 units ("Units") (which includes the exercise in full of the over-allotment option of 1,000,000 Units) at a price of $2.60 per Unit (the "Offering Price") for gross proceeds of $20,020,000. Each Unit is comprised of one common share of the Company (a "Common Share") and one-half of one common share purchase warrant (a "Warrant"). Each whole Warrant will be exercisable at $3.60 and will entitle the holder thereof to acquire one Common Share for a period of 18 months following the closing of the Offering.

      Das hohe Volumen und das der Kurs sich eher gegen Süden bewegt als gegen Norden lassen darauf schliessen das man fleissig Aktien aus diesem Deal auf den MArkt schmeißt.Ich beobachte Tag Oil schon was länger und nach der News war mir klar das der Aufwärtstrend erst mal gebrochen ist und das man besser warten soll mit einem Einstieg.

      Ich kann mich natürlich auch irren aber ich für meinen Teil warte auf günstigere einstiegskurse so um die 1,50-1,60 €

      greetz from HH
      Avatar
      schrieb am 02.08.10 00:47:40
      Beitrag Nr. 5 ()
      Antwort auf Beitrag Nr.: 39.899.974 von neilsn am 29.07.10 21:11:41
      Hi,

      Werden m.W. seit einiger Zeit von einigen Brokern &Schreiberlingen gecovert, als eine Art "potenzielle Megastory mit äusserst hohem Risiko".

      Gruß
      P.

      Trading Spotlight

      Anzeige
      Rallye II. – Neuer Anstoß, News und was die Börsencommunity jetzt nicht verpassen will…mehr zur Aktie »
      Avatar
      schrieb am 02.08.10 08:07:00
      Beitrag Nr. 6 ()
      Antwort auf Beitrag Nr.: 39.909.043 von 81HAMC am 01.08.10 11:48:13Naja ich sehe das financing ehr positiv. Schließlich brauchen Sie Cash, um die Projekte voran zu treiben. Man steckt ja auch nicht einfach so 20 mio in ein Unternehmen, wenn man nicht der Meinung ist, dass man sein Geld mit Gewinn wiederbekommt.

      @ Popeye: Welche Broker, Schreiberlinge meinst du ? beobachte Tag auch schon länger und habe keinerlei promotion bemerkt.
      Avatar
      schrieb am 04.08.10 11:08:12
      Beitrag Nr. 7 ()
      Antwort auf Beitrag Nr.: 39.910.642 von neilsn am 02.08.10 08:07:00
      Naja, die Welt ist ja auch recht groß -ist mir auch schon mehr als 1mal vorgekommen(im übrigen i.d.R. ja auch so, dass je öffentlicher/"verbreiteter" das stattfindet, es eher genau diametral dem weiteren Erfolg entgegengesetzt ist ;) ). ;) Wenn ichs finde, kann ich ja mal 1, 2 davon einstellen.

      Gruß
      P.
      Avatar
      schrieb am 04.08.10 18:59:28
      Beitrag Nr. 8 ()
      Antwort auf Beitrag Nr.: 39.925.377 von Popeye82 am 04.08.10 11:08:12naja, heute interessiert erstmal nur der Tag + 10 % das baby..
      Avatar
      schrieb am 05.08.10 03:18:33
      Beitrag Nr. 9 ()
      Antwort auf Beitrag Nr.: 39.925.377 von Popeye82 am 04.08.10 11:08:12
      La Voila:
      www.file-upload.net/download-2724094/David-Pescod--s-Late-Ed…
      Avatar
      schrieb am 05.08.10 06:56:21
      Beitrag Nr. 10 ()
      Antwort auf Beitrag Nr.: 39.931.402 von Popeye82 am 05.08.10 03:18:33Denke wenn eine Aktie 1000 % steigt ist es völlig normal das Sie bei Analysten und Brokern in den Fokus gerät. Oder meinst du nicht ?
      Avatar
      schrieb am 05.08.10 10:03:35
      Beitrag Nr. 11 ()
      Antwort auf Beitrag Nr.: 39.931.450 von neilsn am 05.08.10 06:56:21
      "Denke wenn eine Aktie 1000 % steigt ist es völlig normal das Sie bei Analysten und Brokern in den Fokus gerät. Oder meinst du nicht ?"


      Denke ich nicht. Wenn das ausschliesslich auf Basis dessen passiert, dann könntest Du ja alle Broker in die Tonne kloppen. Egal ob 10% oder 100.000Bagger.


      Das hat mit dem steigen eher nicht sooo viel zu tun. Sondern eher, dass sie darauf spekulieren, dass sich Neuseeland als gänzlich neue Quelle für unkonventionelles Öl auftun könnte. Und das in dem Falle TAO.V auf einem, nicht kleinen, Anteildavon sitzen könnte.

      Aber solche Spekulationen unterteilen sich ja in mindestens 2Teile: Ist dieser Resourcenreichtum wirklich vorhanden &in wieweit sind die techn. Möglichkeiten gegeben, die auch lohnenswert zu fördern?? Speziell der technische Aspekt ist denke ich bei solchen neuen Sachen sehr komplex &nicht unbedingt leicht durchzublicken.

      Mir ist es zu undurchsichtig &ungewiss, daher aktuell kein konkretes Interesse. Ich schätze mit "riesen Chance/riesen Risiko" haben sie es ganz gut getroffen. Wenn es einen interessiert, sollte man das denke ich berücksichtigen. ;)

      Gruß
      P.
      Avatar
      schrieb am 07.08.10 23:21:38
      Beitrag Nr. 12 ()
      Antwort auf Beitrag Nr.: 39.925.377 von Popeye82 am 04.08.10 11:08:12
      wollte ich ursprünglich einstellen -Interview with the CEO:
      www.file-upload.net/download-2729576/David-Pescod--s-Late-Ed…
      Avatar
      schrieb am 09.08.10 12:04:10
      Beitrag Nr. 13 ()
      Antwort auf Beitrag Nr.: 39.947.537 von Popeye82 am 07.08.10 23:21:38kann ich leider nicht downloaden .. wurde gelöscht sagt er!
      Avatar
      schrieb am 12.08.10 02:17:19
      Beitrag Nr. 14 ()
      Antwort auf Beitrag Nr.: 39.947.537 von Popeye82 am 07.08.10 23:21:38
      next trial(Funktioniert es jetzt? Irgendwie hat die Seite wohl die eigentliche Direktverlinkung mit dem Löschlink verwechselt(&irgendjemand muss dann auf 'Ja' gegangen sein.)):
      www.file-upload.net/download-2739012/David-Pescod-s-Late-Edi…
      Avatar
      schrieb am 19.08.10 13:55:06
      Beitrag Nr. 15 ()
      Antwort auf Beitrag Nr.: 39.970.495 von Popeye82 am 12.08.10 02:17:19liest sich ja ganz gut! meinst du das das interview mit ausschlaggebend für den krassen volumenausbruch war ?
      Avatar
      schrieb am 29.09.10 17:14:14
      Beitrag Nr. 16 ()
      Scheint als decket sich nen größerer Investor ein. Volumen und Kursanstieg der letzten tage sprechen mal wieder bände! ilove this shi... :)
      Avatar
      schrieb am 29.09.10 17:19:50
      Beitrag Nr. 17 ()
      glaube TAO rennt jetzt erstmal richtung allzeithoch.. danach sind den phantasien keine grenzen gesetzt ;) bin gespannt auf die bohrergebnisse...
      Avatar
      schrieb am 29.09.10 18:16:33
      Beitrag Nr. 18 ()
      anscheinend haben Sie mehr öl gefunden als erwartet :cool: meldung ist gerade rausgekommen!

      News Releases << Previous | Next >>

      TAG Oil Announces New Light Oil Discovery, Taranaki Basin, New Zealand
      9/29/2010 11:24 AM - Canada NewsWire

      VANCOUVER, Sep. 29, 2010 (Canada NewsWire via COMTEX News Network) --

      TAG Oil Ltd. (TSX-V: TAO) reports a new oil discovery in New Zealand's Taranaki Basin with the Sidewinder-1 exploration well, located within TAG's 100%-controlled, 7,910 acre, Broadside exploration permit PEP 38748.

      The Sidewinder-1 well was drilled to a total depth of 1,601m, and encountered 14 meters of net (22m gross) oil-bearing sandstones in the Mt. Messenger Formation. Electric logs indicate excellent reservoir qualities, with average porosities of 22.5% and oil saturations of 60%.

      "We are extremely pleased to achieve oil pay in excess of what we had anticipated; these results also increase the likelihood of additional discoveries and the prospectivity of the Broadside permit," commented Garth Johnson, CEO of TAG Oil. "TAG will now proceed to complete the Sidewinder-1 well for production. We'll commence flow testing immediately after completing the fracture stimulation of the Cheal B-3 well, located in our 100%-owned Cheal Mining Permit."

      The drill rig will now move to the Cheal Mining Permit to initiate drilling of the Cheal-BH-1 horizontal well. This well, with a total measured depth of 2,325m, including a 600m horizontal section, will be drilled into the proven producing area of the Cheal A block, and target the widespread turbidite fan deposits identified in the Mt. Messenger Formation. Cheal-BH-1 will be completed with a multi-stage fracture treatment along the horizontal section.

      TAG Oil Ltd.

      TAG Oil Ltd. is a Canadian-listed company (TSX-V:TAO) with onshore operations in New Zealand. With 100% control over all its core assets, including production infrastructure, TAG is anticipating production growth through development of multiple oil and gas discoveries in the Taranaki Basin and through high-impact exploration drilling on prospects identified over 3,500 sections of land.

      In the East Coast Basin, TAG is pursuing the major unconventional resource potential that has been demonstrated in the Waipawa Black Shale and Whangai Shale source-rock formations that are widespread across the Company's acreage. The geological characteristics of these oil-rich, naturally fractured, thermally mature formations compare favorably to fractured shale formations such as the Bakken Shale in the Williston Basin and Liassic Shale in the Paris Basin.

      Cautionary Note Regarding Anticipated Results and Forward-Looking Statements

      Statements contained in this news release that are not historical facts are anticipated results and forward-looking statements that involve various risks and uncertainty affecting the business of TAG Oil. Actual results may vary materially from the information provided in this release. As a result, there is no representation by TAG Oil that actual results realized in the future would be the same in whole or in part as those presented herein. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance.

      TAG Oil is involved in the exploration for and production of hydrocarbons and all of its current property holdings, with the exception of the Cheal Oil Field, are in the grass roots or primary exploration stage. Exploration for hydrocarbons is a speculative venture necessarily involving substantial risk. There is no certainty that the expenditures incurred on TAG Oil's exploration properties will result in discoveries of commercial quantities of hydrocarbons. TAG Oil's future success in exploiting and increasing its current reserve base will depend on TAG Oil's ability to develop its current properties and on its ability to discover and acquire properties or prospects that are producing. But, there is no assurance that TAG Oil's future exploration and development efforts will result in the discovery or development of additional commercial accumulations of oil and natural gas.

      Other factors that could cause actual results to differ from those contained in the anticipated results and forward-looking statements are set forth in, but are not limited to, filings that the Company and its independent evaluator have made, including the Company's most recent reports in Canada under National Instrument 51-102.

      Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

      SOURCE: TAG Oil Ltd.

      Dan Brown or Garth Johnson, TAG Oil Ltd. 1-604-682-6496, Website: http://www.tagoil.com/
      Copyright (C) 2010 CNW Group. All rights reserved.
      Avatar
      schrieb am 08.10.10 18:29:14
      Beitrag Nr. 19 ()
      Antwort auf Beitrag Nr.: 39.932.392 von Popeye82 am 05.08.10 10:03:35Tag Oil ist der größte Posten in meinem Depot. Warum das so ist, kann ich erklären. Tag Oil hat außergewöhnliche Chancen. Grund dafür sind die bekannten - aber bisher noch nicht explorierten Vorkommen im East Basin in Neuseeland. Wir sprechen hier von einigen Millarden Barrel Öl!

      Die sind schon sehr lange bekannt, konnten aber bisher nicht gefördert werden. Grund dafür ist, dass sie sich in wenig porösen Gesteinsschichten befinden. Seit einiger Zeit gibt es aber auch Techniken, die eine Förderung unter solchen Bedingungen erlauben. In Nordamerika hat man mit horizontalem Bohren und defraccing (Technik um GEstein poröser zu machen) sehr gute Erfolge erzielt. Diese Technik soll auch im East Basin zur Anwendung kommen. Da es dort früher schon Bohrungen gegeben hat, gibt es auch Aufzeichnungen darüber. Diese sind aber mW nicht veröffentlicht worden. Damit habe ich als Anleger das Risiko, dass eine Gesteinsdichte von <10% die wahrscheinlich nicht mit wirtschaftlich vernünftigen Mitteln ausgebeutet werden kann, meinen Traum vom großen Geld zunichte macht. Da aber das Management eine große Aktienposition hält und die vermutlich den Bericht (übrigens von einer anerkannten Firma) kennen, sehe ich das Risiko nicht als allzu hoch an. Allerdings bleibt die Frage offen, ob man nicht einfach nur Glück an dieser Stelle hatte und an anderen Stellen die Porosität höher ist.

      Neben dieser tiefen Schicht mit unkonventionellem Öl befindet sich im East Basin aber auch konventionelles Öl. Das tritt an einigen Stellen sogar an die Oberfläche. Tag Oil hatte dort im Frühsommer gebohrt und musste die Bohrung aber bei ca 170 m abbrechen, weil der Druck von Gas und Öl so hoch war, dass das kleine Bohrgerät nicht ausreichte. Es gibt auf der Webseite von Tag Oil auch einige Videos. Eines zeigt die Bohrung. Eindrucksvoll!

      Neben dem East Basin gibt es auch noch das Cheal GEbiet im Westen. Dort produziert TAg Oil schon. Das Management will die diortigen Vorkommen zunächst entwickeln und m it dem Cashflow das gro0e Porjekt im East Basin finanzieren. Einige Indernisse wurden dort schon ausgeräumt. So gab es dort Produktionsprobleme, da das Öl aus einer Gesteinsschicht sehr wachshaltig ist und das Wachs die Produktion im wahrsten Sinne des Wortes verklebte. Da nach den ersten Erfolgen keine anderen Meldungen kamen, gehe ich davon aus, dass das Problem dauerhaft gelöst wurde. Der letzte Kursanstieg ist darauf zurückzuführen, dass eine neue ölführende Gesteinsschicht (Mt. Messenger) erbohrt wurde. Damit steigen nicht nur die Reserven, sondern es ist auch in absehbarer Zeit mit einer Ausweitung der Förderung zu rechnen.

      Die Strategie des Managements zielt explizit daruaf ab, ohne Joint Venture oder Farmout zurecht zu kommen. Angeblich haben schon einige Große angeklopft...

      Das erscheint auch nachvollziehbar, wenn man sieht, dass sich als direkte Nachbarn von Tag Oil Firmen wie Petrobras tummeln.

      Die Webseite von Tag Oil ist hervorragend. Es gibt dort eine ganze Reihe von interessanten Videos.

      Tag Oil ist eine Aktie, die von Keith Schaefer seinen zahlenden Subscribern vorgestellt wurde. Dieser Herr ist auf Öl und Gas spezialisiert. Ich bin dort auch Kunde und habe die Kosten schon hundertfach wieder eingespielt - in wenigen Monaten.
      Avatar
      schrieb am 18.10.10 00:12:43
      Beitrag Nr. 20 ()
      :eek::laugh::laugh:

      GMP puts $225 target on TAO oil play - SH/GMPS - Oct 17, 2010

      - Peter Kennedy -
      www.stockhouse.com/Community-News/2010/Oct/16/GMP-puts-$225-…
      1 Antwort
      Avatar
      schrieb am 22.10.10 16:55:57
      Beitrag Nr. 21 ()
      Antwort auf Beitrag Nr.: 40.338.738 von Popeye82 am 18.10.10 00:12:43Die $225 von GMP sind ein alter Hut (von der letzten Kapitalerhöhung vom Frühjahr). Gestern wurde von GMP der "Unrisked Value" der Vorkommen im East Basin auf über $240 hochgesetzt. Der "Unrisked Value" ist aber leider kein Kursziel. Dieses liegt nach GMP bei $10.
      Avatar
      schrieb am 03.11.10 12:48:44
      Beitrag Nr. 22 ()
      TAG Oil Announces Strong Results at Sidewinder-1 Flow Test and Updates Taranaki Basin Operations
      11/2/2010 4:25 PM - Canada NewsWire

      VANCOUVER, Nov. 2, 2010 (Canada NewsWire via COMTEX News Network) --

      Canadian-listed, New Zealand oil and gas producer TAG Oil Ltd. (TSX-V: TAO), announces that the Sidewinder-1 discovery well, located in TAG's 100% controlled Permit 38748 in the Taranaki Basin, has been perforated and a 10-day sustained production test is now complete.

      Sidewinder-1 was drilled to a total depth of 1601m and encountered 14 meters of net (22m gross) oil and gas bearing sandstones.

      Stabilized flow rates of 8.5 million cubic feet of gas plus 44 barrels of oil per day for a total of 1461 barrels of oil equivalent ("BOE") per day were achieved with a flowing tubing pressure of 940 psi. The 4- Point Isochronal test indicated a tubing restricted maximum gas flow rate of 13 million cubic feet per day (2167 BOE's/day).

      The Sidewinder-1 well initially produced pure natural gas, but as the ten day test progressed, increasing amounts of crude oil has been recovered, with no water produced.

      Garth Johnson, TAG Oil CEO commented, "This is one of the strongest flow rates recorded from the Mt. Messenger Formation in Taranaki. Our technical team has identified numerous "lookalike" prospects from 3-D seismic to drill within our 7910 acre exploration permit area, with many being reachable from the same Sidewinder surface location. We will now proceed with plans to commercialize this discovery and initiate full time production as rapidly and cost-effectively as possible."

      TAG also reports that the Cheal-BH-1 horizontal well has now reached total depth of 2285m, including a 550m horizontal section within the Mt Messenger Formation (1735-2285m) in the Company's 100% controlled Cheal oil and gas field. Uphole mudlogs have recorded better than expected oil and gas shows within the secondary Urenui Formation target at a depth of approximately 1400m. In the Mt. Messenger horizontal section of the well, a total of 430m of continuous reservoir penetration is interpreted with high oil and gas readings during the drilling operations. The multi-phase fracture completion assembly has now been successfully landed at a total depth of 2280m, with all stage packers successfully deployed. The drilling rig has now been released, and the Company is mobilizing a service rig onto location to complete the 5-stage fracture stimulation.

      "With the completion assembly installed across the lateral section of the Cheal-BH-1 well, we can commence the multi-stage fracturing operation in the next few days prior to commencement of production testing of New Zealand's first horizontal multi-stage fractured well by mid-November." Noted Mr. Johnson

      TAG Oil Ltd.

      TAG Oil Ltd. is a Canadian-listed company (TSX-V: TAO) with operations in New Zealand. With 100% control over all its core assets, including production infrastructure, TAG is anticipating production growth through development of multiple oil and gas discoveries in the Taranaki Basin and through high-impact exploration drilling on prospects identified over 3,500 sections of land.

      In the East Coast Basin, TAG is pursuing the major unconventional resource potential that has been demonstrated in the Waipawa Black Shale and Whangai Shale source-rock formations that are widespread across the Company's acreage. The geological characteristics of these oil-rich, naturally fractured, thermally mature formations compare favorably to fractured shale formations such as the Bakken Shale in the Williston Basin and Liassic Shale in the Paris Basin.

      "BOE"s may be misleading, particularly if used in isolation. A BOE conversion ratio of 6Mcf : 1 Bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.

      Cautionary Note Regarding Forward-Looking Statements

      Statements contained in this news release that are not historical facts are forward-looking statements that involve various risks and uncertainty affecting the business of TAG Oil. Actual results may vary materially from the information provided in this release. As a result, there is no representation by TAG Oil that actual results realized in the future would be the same in whole or in part as those presented herein. Actual results may differ materially from the results predicted, and reported results should not be considered as an indication of future performance. Factors that could cause actual results to differ from those contained in the forward-looking statements are set forth in, but are not limited to, filings that the Company and its independent evaluator have made, including the Company's most recent reports in Canada under National Instrument 51-101.

      Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

      To view this news release in HTML formatting, please use the following URL: http://www.newswire.ca/en/releases/archive/November2010/02/c…

      SOURCE: TAG Oil Ltd.

      <p>Dan Brown or Garth Johnson, TAG Oil Ltd. 1-604-682-6496<br/> Website: <a href="http://www.tagoil.com/">http://www.tagoil.com/</a></p>
      Copyright (C) 2010 CNW Group. All rights reserved.
      Avatar
      schrieb am 10.12.10 20:14:39
      Beitrag Nr. 23 ()


      mehr muss man dazu glaube ich nicht mehr sagen :D
      Avatar
      schrieb am 04.08.11 00:31:02
      Beitrag Nr. 24 ()
      TAG Oil Reports 100% Increase in Production Revenue &Strong Year-End Financial Results - Aug 2, 2011


      Year-End March 31, ´11 Operating Highlights


      + Production revenue for ´11 increased to $13,088,423 compared to $6,527,585 in ´10.

      + TAG produced 150,742 net barrels of light oil in fiscal ´11, sold @an average price of $86/barrel with production costs reduced to less than $20 per barrel.

      + Significant gas discovery with the Sidewinder-1 well was followed by three additional Sidewinder discoveries.

      + Behind-pipe production capability of >5,000 barrels of oil equivalent/day is ready to come on production.

      + The Cheal-B4ST well discovered light oil in the Urenui Formation(~1400m), &a 2nd producing formation is now under development @the Cheal field.

      + TAG acquired a 100% interest in the Cardiff condensate-rich deep gas discovery.

      + Light oil was discovered in three shallow wells during recent drilling in the East Coast Basin, confirming the underlying shale formations as the source of the oil. ...
      http://finance.yahoo.com/news/TAG-Oil-Reports-100-Increase-c…
      Avatar
      schrieb am 03.09.11 01:03:28
      Beitrag Nr. 25 ()
      TAG Enters Into Farmout Agreement With Apache Corporation on New Zealand Acreage in the East Coast Basin - Sep 2, 2011
      www.newswire.ca/en/releases/archive/September2011/02/c8175.h…

      "VANCOUVER, Sept. 2, 2011 /CNW/ - TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) is pleased to report that it has entered into a farmout agreement ("Agreement") with Apache Corporation ("Apache") to explore and potentially develop oil and natural gas resources in the East Coast Basin of New Zealand.


      Apache has agreed to conduct a multi-phased exploration, appraisal and potential development program within TAG's East Coast Basin exploration permits PEP 38348, PEP 38349 and PEP 50940 ("the Permits"). The Permits comprise in excess of one million prospective acres of onshore oil and gas opportunities located on the southeast portion of the North Island. TAG currently holds a 100% working interest in the properties.

      Apache has agreed to pay for a portion of TAG's direct costs incurred to date, as well as providing TAG a full carry on three phases of operations to a maximum agreed cost in each phase. If the agreed cost is exceeded in any phase, or if additional operations are conducted, Apache will pay a majority share of any drilling or seismic costs in the specified percentages set out in the Agreement.

      Each phase of operations will include an aggressive program of both 2D / 3D seismic and drilling with Apache earning an increasing interest in the Permits as follows:


      Phase 1: Apache will earn a 50% interest in 5,120 acres of the Permits after operations are conducted and by committing to Phase 2.

      Phase 2: Apache will earn a 25% interest in the Permits after operations are conducted and by committing to Phase 3.

      Phase 3: Apache will earn a 50% interest in the Permits after operations are conducted and by committing to Phase 4 operations.


      Subject to certain conditions, the planned exploration work program will be conducted over the next four years. Seismic operations will start in 2011 with drilling to commence in 2012.

      Apache will be the Operator for all activities undertaken pursuant to the Agreement, excluding the initial four vertical wells of the work program that TAG will operate with Apache's assistance. Apache will spend up to $100 million upon completion of Phase 3 to earn a 50% interest in the Permits. At the end of Phase 3 operations TAG will remain as operator of the Permits. If Apache commits to Phase 4 operations, all costs will then be shared equally between Apache and TAG going forward.

      TAG Oil CEO, Garth Johnson, commented, "TAG Oil is excited and honored to partner with Apache in the East Coast Basin to achieve a common goal of converting the potential of the East Coast Basin to proven reserves with integrity, respect and excellence in a safe and environmentally responsible manner. We are planning an aggressive exploration program with Apache with a starting date of September 2011 to initiate seismic acquisition with drilling to begin in early 2012".


      Cautionary Note Regarding Forward-Looking Statements

      This press release contains certain forward-looking statements within the meaning of Canadian securities laws. All statements contained in this news release that are not historical facts are forward-looking statements. Forward-looking statements typically contain statements with words such as "anticipate", "believe", "plan", "will", "may", "should" or other similar words suggesting future outcomes. In particular, in this press release, all estimates and statements that describe the Company's objectives, goals, or future plans relating to the seismic and drilling program related to the Agreement are forward-looking statements under applicable securities laws and necessarily involve risks and uncertainties including, without limitation: risks associated with oil and gas exploration, development, exploitation, production, marketing and transportation, volatility of commodity prices, imprecision of reserve estimates, environmental risks, competition from other producers, and changes in the regulatory and taxation environment. These forward-looking statements are based on certain factors and assumptions, including factors and assumptions regarding the management's views on the oil and gas potential in the Permits, the success of any individual phase of the Agreement, Apache's electing to commit to each phase of the Agreement, and the costs necessary to complete the various phases of the Agreement, and the Company's ability to share in any cost over-runs relating to each phase of the Agreement. Consequently, the Company's actual results may vary materially from the information provided in this release and there is no representation by TAG Oil that actual results realized in the future would be the same in whole or in part as those presented herein.

      Additional risk factors and uncertainties that could cause actual results to differ from those contained in the forward-looking statements are set forth in, but are not limited to, filings that the Company and its independent evaluator have made, including the Company's Annual Information Form and its most recent reports in Canada under National Instrument 51-101. "
      1 Antwort
      Avatar
      schrieb am 02.11.11 15:37:35
      Beitrag Nr. 26 ()
      TAG Commences Full-Time Gas +Condensate Production, @Sidewinder Discovery - Oct 31, 2011
      http://finance.yahoo.com/news/TAG-Commences-Full-Time-Gas-cn…
      http://blog.tagoil.com/bid/75874/Putting-the-Sidewinder-Oil-…

      "VANCOUVER , Oct. 31, 2011 /CNW/ - Canadian-based TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF), is pleased to announce completion and commissioning of the Sidewinder Production Facility and 3.5km pipeline located in the onshore Taranaki Basin, New Zealand . This facility is designed to handle up to 30 million cubic feet of gas production per day, as well as any oil production, and was constructed following the first four successful Sidewinder exploration wells drilled earlier this year.


      Initial commissioning rates from the first two Sidewinder wells tied into the facility are currently between 6 - 12 million cubic feet of gas per day (1000 - 2000 barrels of oil equivalent per day), as well as approximately 60 - 80 barrels of condensate (light oil) per day. TAG expects continued ramp-up of production rates as the remaining two Sidewinder wells are tied into the production facility in November 2011 , and development drilling continues in the New Year.
      To view photos of the new Sidewinder facility please visit our blog (http://blog.tagoil.com/bid/75874/Putting-the-Sidewinder-Oil-…

      Garth Johnson , TAG Oil CEO, commented, "I am extremely pleased the commissioning of the Sidewinder facility is now underway, and I commend our operational team for completing the facility on time and on budget. TAG is now selling gas and associated high value condensate while conducting our long-term production testing, which marks another important milestone in the Company's history. This ramp in production, combined with our success at Cheal, transforms TAG into a much more substantial enterprise. We are looking forward to the continued development and step-out drilling to test the significant oil and gas potential at Sidewinder."

      TAG also reports that a 60-km 2-D seismic program is now underway at Sidewinder to identify new independent Mt. Messenger prospects contained within the permit area. Following the current drilling campaign underway at TAG's Cheal field, the Company will commence further drilling at Sidewinder targeting previously identified prospects as well as new prospects identified as a result of the seismic acquisition.

      The Sidewinder gas and oil discovery is located in TAG's 100%-controlled Petroleum Exploration Permit 38748, in the onshore Taranaki Basin, New Zealand .


      TAG Oil Ltd.

      TAG Oil Ltd. (http://www.tagoil.com/) is a Canadian-based production and exploration company with operations focused exclusively in New Zealand . With 100% control over all its core assets, including oil and gas production infrastructure, TAG is anticipating substantial oil and gas production and reserve growth through development of several light oil and gas discoveries. TAG is also actively drilling high-impact exploration prospects identified across more than 2,600 sections of land in the onshore Taranaki and East Coast Basins of New Zealand's North Island.

      In the East Coast Basin, TAG has partnered with Apache Corporation to pursue the significant unconventional resource potential estimated in the fractured shale source-rock formations. These oil-rich and naturally fractured formations have many similarities to North America's Bakken Shale source-rock formation in the successful Williston Basin. "
      Avatar
      schrieb am 17.02.12 21:16:08
      Beitrag Nr. 27 ()
      TAG Oil Files Q3 Fiscal ´12 Financials +Reports Significant Increase in Revenue +Cash Flow; Garth Johnson: "TAG is experiencing rapid growth, with a number of successful high-performance wells such as our Cheal-B5 well, achieving initial production of 1.700 barrels/day +the Cheal-A8 +Cheal-C2 wells, which also have high deliverability potential. Our focus continues to be unlocking value from our properties through ongoing drilling +new infrastructure projects this year to ensure timely monetization of our excellent drilling success. TAG is continuing an active Taranaki drilling program as we approach our 1st four unconventional wells soon to be drilled in the East Coast Basin, together with our partner Apache Corp. I look forward to ´12 being another busy year for TAG in New Zealand" - Feb 15, 2012

      + Production revenue increased to $12.976.714(nine months: $26.206.992) compared to $3.851.621(nine months: $8.078.684) in Q3 of the ´11 fiscal year.

      + Net income of $5.915.997(nine months: $10.899.739) was recorded before deducting non-cash stock-based compensation expenses.

      + Per barrel production, storage +transportation costs of $6.94/boe(nine months: $10.73) for the quarter compared to $16.57(nine months: $18.15) for the comparable period last year.

      + Net operating cash inflow of $4.840.000 for the nine months ended December 31, ´11 compared to an outflow of $464.000 for the comparable period last year.

      + TAG produced 89.227 barrels(nine months: 206.905) of light oil in the quarter +sold 94.545 barrels(nine months: 209.130) of oil @an average price of $113.11/barrel.

      + TAG produced 97.709 boe(nine months: 119.104 boe) of gas in the quarter +sold 92.112 boe(nine months: 105.659 boe) of gas @an average price of $4.02/mcf.

      + Initiated a seismic program +has continued its consultation process in the East Coast Basin in preparation for a multi-well drilling campaign.

      + Four more successful wells drilled in the Taranaki Basin for the quarter for a total of 12 straight successful wells. ...
      www.tagoil.com/20120215-Q3-Fiscal-2012-Financials.asp
      Avatar
      schrieb am 06.08.13 00:36:23
      Beitrag Nr. 28 ()
      einige Nachträge:

      TAG's Cheal-B7 Well Flows More Than 1,100 Barrels of Oil Per Day; With the Cheal-B7 well, TAG is currently producing more than 4,000 BOE's per day - Mar 5, 2012
      www.tagoil.com/pdf/TAG_NewsRelease_3-5-12.pdf
      Avatar
      schrieb am 06.08.13 00:38:40
      Beitrag Nr. 29 ()
      TAG Oil Announces an Additional $66 Million Capital Expenditure in New Zealand Targeting Reserve and Significant Production Growth, In addition, TAG will also expand the Company's 100%-owned production infrastructure in order to bring additional production on-stream arising from new discoveries and production that currently sits behind pipe. This capital expenditure program will be funded from existing working capital and revenues from current oil and gas production - Mar 6, 2013
      www.tagoil.com/pdf/TAG_NewsRelease_3-6-12.pdf
      Avatar
      schrieb am 06.08.13 00:41:00
      Beitrag Nr. 30 ()
      Flow Testing Confirms Urenui Oil Discovery +Additional Oil Play @TAGï; Strong "initial flow test results" were achieved, with each individual well having the "capability to initially produce ~200 barrels of light oil/day", plus associated gas from high-quality reservoir sands - Apr 2, 2012
      www.tagoil.com/pdf/TAG_NewsRelease_4-2-12.pdf
      Avatar
      schrieb am 06.08.13 00:42:30
      Beitrag Nr. 31 ()
      TAG Oil Announces a $30.000.000 Bought Deal Offering - Apr 23, 2012
      www.tagoil.com/pdf/TAG_NewsRelease_04-23-12.pdf
      2 Antworten
      Avatar
      schrieb am 06.08.13 00:44:11
      Beitrag Nr. 32 ()
      Antwort auf Beitrag Nr.: 45.186.333 von Popeye82 am 06.08.13 00:42:30
      TAG Oil Announces Increase in Bought Deal Offering, to $43.600.000 - Apr 24, 2012
      www.tagoil.com/pdf/TAG_NewsRelease_04-24-12.pdf
      1 Antwort
      Avatar
      schrieb am 06.08.13 00:46:02
      Beitrag Nr. 33 ()
      Antwort auf Beitrag Nr.: 45.186.335 von Popeye82 am 06.08.13 00:44:11
      TAG Oil Closes $46.000.000 Bought Deal Offering - May 15, 2012
      www.tagoil.com/pdf/TAG_NewsRelease_05-15-12.pdf
      Avatar
      schrieb am 06.08.13 00:47:48
      Beitrag Nr. 34 ()
      TAG Acquires 2.000.000 Exploration Acres, in the East Coast Basin +Canterbury Basin, New Zealand - Jun 4, 2012
      www.tagoil.com/pdf/TAG_NewsRelease_06-04-12.pdf
      Avatar
      schrieb am 06.08.13 00:51:12
      Beitrag Nr. 35 ()
      TAG Oil's Taranaki Basin Operations "Continue to Deliver Excellent Results; There are currently 18 wells @the Cheal oil +gas field that "are capable of production", eight of which are currently on-stream. In addition, TAG has two of the four commercial wells currently on-stream @Sidewinder. "Once infrastructure upgrades have been fully completed", a minimum of 10 more Cheal wells +two additional Sidewinder wells "will" be placed into full-time production. In addition, results from TAG's ongoing drilling program +a number of workover operations are " "expected" to contribute to future increases in production" - Jun 25, 2012
      www.tagoil.com/pdf/TAG_NewsRelease_06-25-12.pdf
      Avatar
      schrieb am 06.08.13 00:54:25
      Beitrag Nr. 36 ()
      TAG Oil Reports 300% Increase in Reserves, 227% Increase in Production Revenue &"Strong Year End Financial Results" - Jun 29, 2012

      "Year-End March 31, 2012 Operating Highlights"

      + Proved and probable reserves increased to 6.624 million boe, compared to 1.68 million boe at March 31, 2011 (82% oil and 18% gas);

      + Production revenue increased to $43 million, up from $13 million for FY 2011;

      + Net income of $18.92 million was recorded before deducting non-cash stock-based compensation expenses, compared to $1.29 million for FY 2011;

      + Net operating cash inflow increased to $15.56 million for the year compared to an outflow of $1.15 million for FY 2011;

      + Per barrel production, storage and transportation costs were $11.26 per boe for the year compared, to $17.81 for FY 2011;

      + TAG sold 338,569 barrels of oil during the year at an average price of $119.54 per barrel;

      + TAG sold 151,309 boe of gas during the year at an average price of $4.02 per mcf;

      + Farmout agreement signed with Apache Corp., on TAG's East Coast Basin acreage (�East Coast Basin JV�);

      + Drilled 11 successful wells in the 2012 fiscal year, bringing the total to 15 straight successful wells in Taranaki, with an active drilling program continuing;

      + Graduated to Canada's senior stock exchange. ...
      www.tagoil.com/pdf/TAG_NewsRelease_06-29-12.pdf
      Avatar
      schrieb am 06.08.13 00:58:20
      Beitrag Nr. 37 ()
      TAG Oil Reports 102% Increase in Production Revenue, "Strong Balance" Sheet, +provides Operations Update - Aug 14, 2012

      "Q1-´13 +Recent Operating Highlights"

      + Production revenue increased to $11.83 million, from $5.85 million for Q1-2012;

      + Net income of $5.56 million was recorded. before deducting non-cash stock-based compensation expenses, compared to $2.18 million for Q1-2012;

      + Net operating cash inflow increased to $9.17 million for the quarter, compared to $1.76 million for Q1-2012;

      + TAG sold 101,880 barrels of oil during quarter at an average price of $107.36 per barrel;

      + TAG sold 32,167 boe of gas during the quarter at an average price of $4.61 per mcf;

      + Successfully drilled Cheal-C3, Cheal-C4, Cheal-A11, bringing the total to 18 straight successful wells in Taranaki;

      + Currently drilling Cheal-A12;

      + Active drilling, testing and work-over program ongoing;

      + Cheal infrastructure program "allowing TAG to initiate production from currently constrained well production and become completely self-sufficient in producing, processing and marketing all oil and gas";

      + Completed a bought deal financing where the Company issued 4,435,000 common shares for net proceeds of $43,433,253;

      + Ended Q1-2013 with $103 million of cash and no debt;

      + Entered into an agreement to acquire three exploration permits located in the East Coast and Canterbury Basin's of New Zealand;

      + All work carried out to the highest health and safety and environmental standards. ...
      www.tagoil.com/pdf/TAG_NewsRelease_08-14-12.pdf
      Avatar
      schrieb am 06.08.13 00:59:46
      Beitrag Nr. 38 ()
      Acquisition of Common Shares, in Coronado Resources Ltd. - Aug 17, 2012
      www.tagoil.com/pdf/TAG_NewsRelease_08-17-12.pdf
      Avatar
      schrieb am 06.08.13 01:05:52
      Beitrag Nr. 39 ()
      "Substantial" Production Increase &"Strong Production Testing", Announced by TAG Oil - Oct 23, 2012

      - Taranaki Basin Production Increase

      TAG operates two lightly-explored new field discovery areas, the Cheal and Sidewinder oil and gas fields, which are both owned 100% by the Company. There are currently 19 wells at the Cheal field "capable of production", eight of which are currently on-stream.The Sidewinder field has four wells, all currently on-stream.

      The Company provides the following "guidance" toward "anticipated "average" quarterly production rates" (March 31 fiscal year-end) "assuming" timelines for infrastructure completion are met:

      Third Quarter: 3,000 BOE per day
      Fourth Quarter: 4,000 BOE per day
      First Quarter: 5,000 BOE per day

      These production forecasts "do not consider any future success, and are based on TAG�s existing succesfull wells as well as a "modest" amount of success for the recently spudded Cheal-B8 well".

      TAG has now drilled 19 consecutive :eek: :eek: successful wells thus far and "given this success, the Company is "confident" that production will continue to grow". In addition, higher-impact oil prospects and liquids-rich resource plays prospective for large reserves in the deeper formations are yet to be exploited, which could have significant impact on future Taranaki production rates and reserves. ...-
      www.tagoil.com/pdf/TAG_NewsRelease_10-23-12.pdf
      Avatar
      schrieb am 06.08.13 01:08:33
      Beitrag Nr. 40 ()
      TAG Oil Responds To Inaccurate Press Release - Oct 31, 2012
      www.tagoil.com/pdf/TAG_NewsRelease_10-31-2012.pdf
      Avatar
      schrieb am 06.08.13 01:12:36
      Beitrag Nr. 41 ()
      TAG Oil Provides 2nd Quarter Results - Nov 15, 2012[/b]

      "Q2-´13 +Recent Operating Highlights"

      + Production revenue increased 62% to $21.44 million for the six months ended September 30, 2012, compared to $13.23 million in the comparable period last year;

      + Production revenue increased to $9.62 million during Q2-2013 compared to $7.38 million for Q2-2012;

      + Net operating cash inflow increased to $5.81 million (six months: $14.98 million) for the quarter compared to $5.34 million (six months: $7.11) for Q2-2012;

      + TAG sold 68,178 (six months: 170,058) barrels of oil during quarter at an average price of $109.97 per barrel (six months: $108.41 per barrel);

      + TAG sold 80,592 boe (six months: 112,728 boe) of gas during the quarter at an average price of $4.38 per mcf (six months: $4.44 per mcf);

      + Infrastructure build ontrack to allow production of 3000 boe p/d of behind pipe production to come online;

      + Successfully drilled Cheal-A12, bringing the total to 19 straight successful wells in Taranaki;

      + Currently drilling Cheal-B8 with 26 meters of net pay being identified on electric logs to date;

      + Acquired three high-impact frontier exploration permits located in the East Coast and Canterbury Basins of New Zealand;

      + All work carried out to the highest health and safety and environmental standards. ...
      www.tagoil.com/pdf/TAG_NewsRelease_11-15-12.pdf

      Avatar
      schrieb am 06.08.13 01:35:04
      Beitrag Nr. 42 ()
      TAG Announces Normal Course Issuer Bid - Dec 6, 2012
      www.tagoil.com/pdf/TAG_NewsRelease_12-06-12.pdf
      Avatar
      schrieb am 06.08.13 01:52:58
      Beitrag Nr. 43 ()
      TAG Oil Receives Notice From Apache, Under East Coast Farmout Agreement - Jan 11, 2013
      www.tagoil.com/pdf/TAG_NewsRelease_01-11-13.pdf

      "TAG Oil Ltd. (the “Company” or “TAG”) (TSX: TAO and OTCQX: TAOIF) announced today that Apache New Zealand Corporation LDC (“ANZ”) has informed the Company that it will elect not to undertake the Phase 2 program under the Farmout Agreement dated September 1, 2011, between Eastern Petroleum (NZ) Limited (“Eastern”), Orient Petroleum (NZ) Limited (“Orient”) and ANZ (the “Farmout Agreement”) relating to drilling in the East Coast Basin of New Zealand. Eastern and Orient are indirect wholly-owned subsidiaries of TAG.

      TAG intends to continue and complete the Phase 1 program. Under the Farmout Agreement, ANZ is obligated to pay all costs and expenses actually incurred or committed in respect of the Phase 1 program.

      TAG CEO Garth Johnson stated “We look forward to executing our long-term goal for the East Coast; to drill and hopefully prove the concept of unconventional oil potential in this frontier basin.”


      TAG Oil Ltd.

      TAG Oil Ltd. ( http://www.tagoil.com/)" target="_blank" rel="nofollow ugc noopener">http://www.tagoil.com/) is a Canadian-based production and exploration company with operations focused exclusively in New Zealand. With 100% ownership over all its core assets, including oil and gas production infrastructure, TAG is enjoying substantial oil and gas production and reserve growth through development of several light oil and gas discoveries. TAG is also actively drilling high-impact exploration prospects identified across more than 2,953,810 net acres of land in New Zealand.

      In the East Coast Basin, TAG will explore and potentially develop the major unconventional resource potential believed to exist in the tight oil source-rock formations that are widespread over the Company's acreage. These oil-rich and naturally fractured formations have many similarities to North America's Bakken source-rock formation in the successful Williston Basin.


      For further information:

      Dan Brown or Garth Johnson
      TAG Oil Ltd., 1-604-682-6496
      Email: info@tagoil.com
      Website: http://www.tagoil.com/
      Blog: http://blog.tagoil.com/ "
      Avatar
      schrieb am 06.08.13 02:00:12
      Beitrag Nr. 44 ()
      TAG Oil Begins ´13, with a 13-Well Taranaki Basin Drilling Campaign - Jan 23, 2013
      www.tagoil.com/pdf/TAG_NewsRelease_01-23-13.pdf

      " TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), is pleased to announce the Company's anticipated 2013 Taranaki Basin drilling program within the Cheal and Sidewinder fields, and within TAG's newly awarded acreage. This drilling campaign is expected to consist of a minimum 13 wells, and will continue to target the Mt. Messenger/Urenui Formation targets, as well as deeper high-impact targets in the Kapuni Formation.

      TAG's CEO, Garth Johnson stated, “Building on our string of success in 2011 and 2012 and driving revenue as a result, we expect calendar 2013 to be another exciting and transformational year for TAG. With a record number of wells to drill in Taranaki as well as plans for the upcoming drilling in the East Coast Basin, I'm confident our plans will continue to become our reality.” TAG has enjoyed significant growth in the last two years, drilling 21 consecutive :eek: :eek: successful wells in Taranaki. Given this success, and the correlative increase in operating cash flows, TAG will now begin to include a higher risk, higher impact deep drilling component to its Taranaki Basin exploration efforts.

      The deeper wells will target the Kapuni Formation, which is a proven prolific play in Taranaki and where most of New Zealand's landmark onshore and offshore fields have been discovered, including the large Maui, Kapuni and Mangahewa fields. TAG holds a number of attractive Kapuni prospect opportunities within its portfolio, including the Cardiff prospect where gas-rich condensates were discovered and tested within a 600m interval in the Kapuni Formation in 1992. TAG will contract Ensign Drilling’s Deep Rig #31 to drill one or more deep prospects including Cardiff, which are tentatively scheduled to commence in May 2013.


      Details of Anticipated 2013 Taranaki Basin Drilling Activity:

      Permit Number


      Permit Name


      # of Wells (1)


      Target

      PMP 53803


      Sidewinder (TAG 100%)


      2


      Miocene < 2500m

      PEP 54877


      East Cheal (TAG 70%)


      5


      Miocene < 2500m

      PEP 54879


      South Cheal (TAG 50%)


      3


      Miocene < 2500m

      PEP 54876


      North Cheal (TAG 50%)


      1


      Miocene < 2500m

      PEP 54873


      Heatseeker (TAG 100%)


      1


      Eocene > 4000m

      PMP 38156


      Cardiff (TAG 100%)


      1


      Eocene > 4000m

      (1) Contingent on success of SW5 and SW6 TAG may drill an additional two Sidewinder wells.

      The capital expenditure to drill, complete and test the 13 wells is estimated at US$36 million and will be funded primarily by operating cash flow generated from current production of approximately 2,000 boepd, plus production that is currently behind pipe, which is anticipated to be on stream in late March 2013.

      In addition to the anticipated new wells, consenting operations are underway seeking approvals for an additional 10 new surface drilling pads within TAG’s Taranaki Basin permits. Each drill pad is intended to host up to 12 wells per pad, providing potential for TAG to drill up to 120 new wells in the coming years.



      Late March 2013 Completion of TAG's Infrastructure Expansion on Schedule

      TAG's $30 million infrastructure expansion investment continues to proceed on schedule to meet the expected March 31, 2013 completion date. At that time, the Company expects wells already drilled and tested but currently shut-in to be placed into full time production.

      With this infrastructure expansion TAG's two main goals will be accomplished:


      - To maximize the commercial potential of existing and future wells at Cheal and Sidewinder, and

      - To become a completely independent processor, transporter and marketer of the natural gas TAG Oil discovers, extracts and produces.


      This latter point allows TAG to secure contracts directly with the end user rather than through third-party infrastructure, moving TAG up the “value chain” and creating attractive new profit centers to build upon.

      Despite the oversupply of natural gas in North America, the Taranaki region of New Zealand is undersupplied. More importantly, a further imbalance between supply and demand (see graphic at http://www.tagoil.com/production.asp) is forecasted in the long term.

      Over the last few years, we've successfully followed our strategy of increasing cash flow by targeting our lower risk drilling opportunities - allowing us to minimize shareholder dilution,” continued Mr. Johnson. “Now we're in a position to self-fund additional low-risk drilling, while also including higher impact drilling opportunities from a position of strength. Our financial position remains very strong with no debt, approximately $65 million in working capital and estimated fiscal 2014 (FYMarch 31) operating revenue of more than $100 million. Furthermore, success on our 2013 drilling campaign, particularly from the deeper plays, could have an additional significant impact on projected revenues.”


      TAG Oil Ltd.

      TAG Oil Ltd. ( http://www.tagoil.com/)" target="_blank" rel="nofollow ugc noopener">http://www.tagoil.com/) is a Canadian-based production and exploration company with operations focused exclusively in New Zealand. With 100% ownership over all its core assets, including extensive oil and gas production infrastructure, TAG is enjoying substantial oil and gas production and reserve growth through development of several light oil and gas discoveries. TAG is also actively drilling high-impact exploration prospects identified across more than 2,953,810 net acres of land in New Zealand.

      In the East Coast Basin, TAG is pursuing the major unconventional resource potential believed to exist in the tight oil source-rock formations that are widespread over the Company’s acreage. These oil-rich and naturally fractured formations have many similarities to North America's Bakken source-rock formation in the successful Williston Basin.

      TAG Oil has adopted the standard of six thousand cubic feet of gas to equal one barrel of oil when converting natural gas to “BOE's”. BOEs may be misleading, particularly if used in isolation. A BOE conversion ratio of 6Mcf: 1 Bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead.


      For further information:

      Dan Brown or Garth Johnson
      TAG Oil Ltd., 1-604-682-6496
      Email: info@tagoil.com
      Website: http://www.tagoil.com/
      Blog: http://blog.tagoil.com/ "
      Avatar
      schrieb am 06.08.13 02:05:47
      Beitrag Nr. 45 ()
      Antwort auf Beitrag Nr.: 42.038.934 von Popeye82 am 03.09.11 01:03:28
      Apache ist raus:

      TAG Oil +Apache Corporation "Conclude East Coast Basin Farmout Agreement"; the Company's 100% owned New Zealand subsidiaries have concluded an agreement with Apache New Zealand Corporation LDC, which results in an early termination of the Farmout Agreement dated Sep 1, ´11. This agreement relates to exploration in Petroleum Exploration Permits 38348, 38349 +50940, located in the East Coast Basin of New Zealand - Jan 31, 2013
      www.tagoil.com/pdf/TAG_NewsRelease_01-31-13.pdf
      Avatar
      schrieb am 06.08.13 02:26:57
      Beitrag Nr. 46 ()
      TAG Oil Provides 3rd Quarter Results - Feb 15, 2013

      "Q3-´13 +Recent Operating Highlights"

      + TAG Oil's production revenue increased 23% to $32.29 million for the nine months ended December 31, 2012, compared to $26.21 million in the comparable period last year;

      + During Q3-2013 TAG produced an average of 1,727 BOE per day with a production revenue increase by 13% to $10.85 million, compared to $9.62 million in Q2-2013;

      + The Company generated a net profit for the quarter of $2.64 million (nine months: $9.40 million), before deducting $2,004,076 (nine months: $4,344,751) non-cash share-based compensation;

      + TAG remains debt free with approximately $72 million in cash at the date of this report;

      + TAG sold 86,687 barrels of oil during the last quarter (nine months: 256,745), at an average price of $109.97 per barrel (nine months: $108.80 per barrel);

      + TAG sold 47,104 BOE of gas during the quarter (nine months: 159,775 BOE), at an average price of $4.79 per mcf (nine months: $4.55 per mcf);

      + Production infrastructure expansion is on track for completion by March 31, 2013 as planned, to allow unrestricted production from 25 wells and any future wells;

      + Commenced a 13-well Taranaki Basin drilling campaign, starting with the Sidewinder-5, Sidewinder-A6, Sidewinder-A7 wells;

      + Secured rig to drill the Cardiff prospect, a large liquids'-rich gas target in the Kapuni Formation with independent mid range resource potential estimated by Sproule International of 214.5 Bcf and 12.8 million barrels of associated condensate;

      + TAG Oil was awarded four attractive onshore Taranaki exploration blocks, all within proximity of our Cheal and Sidewinder infrastructure;

      + TAG retains a 100% interest in its East Coast Basin permits and receives cash payment, through an early termination of the farm-out agreement with Apache Corporation. ...
      www.tagoil.com/pdf/TAG_NewsRelease_02-15-13.pdf
      Avatar
      schrieb am 06.08.13 02:35:49
      Beitrag Nr. 47 ()
      TAG Oil Announces "Continued Exploration Success, with Two New Sidewinder Wells"; Senior Executive Randy Toone Appointed - Mar 19, 2013
      www.tagoil.com/pdf/TAG_NewsRelease_03-19-13.pdf
      www.tagoil.com/20130123-TAG-Oil-13-Well-Taranaki-Basin-Drill…

      "TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), is pleased to report that the Company has continued its exploration success in the 100% owned Sidewinder oil and gas field (Petroleum Mining Permit 53803) with the drilling and completion of the Sidewinder-A5 and Sidewinder-A6 step-out wells.

      Consistent with the original four Sidewinder discovery wells drilled in the field to date, both wells encountered similar quality reservoir sands within the Mt. Messenger Formation at ~2000 meter depth.


      New phase of oil and gas exploration drilling initiated at Sidewinder.

      This new phase of oil and gas exploration drilling has been initiated 22 months after the initial Sidewinder discovery, infrastructure build and successful 4-well drilling program. TAG is now drilling the Sidewinder-A7 step-out with Sidewinder-A8 to follow. Based on drilling results to date, including permit-wide 2D and 3D seismic data, TAG "believes" that the Sidewinder permit has "excellent future exploration "potential" " and plans to pursue opportunities in both the shallow and more importantly the high impact Kapuni Formation prospects.

      TAG Oil Sidewinder 2“We're happy to be back drilling at Sidewinder,” commented Drew Cadenhead, TAG Oil's Chief Operating Officer. “We've picked up right where we left off with our fifth and sixth successful wells at Sidewinder. Continuing with this year's 13-well Taranaki drilling campaign, Sidewinder-A7 has now been spudded with Sidewinder-A8 to follow. We have now tied in Sidewinder-A5 and A6 to a flare tank for clean-up, followed by immediate tie-in to the Sidewinder Production Station for ongoing production. These Sidewinder oil and gas discoveries follow on from the original discovery wells drilled in 2010 and 2011, with the Sidewinder-A1, A2, A3 and A4 wells completed as shallow gas wells with associated light oil production. TAG will continue exploration drilling over the coming years within the Sidewinder permit, focusing on both the shallow and deep oil and gas exploration potential.”

      For further information on TAG's 13-well drill program, please click here.


      "Potential" for additional discoveries, within the Sidewinder permit area.

      Sidewinder is a new field discovery situated in the main Taranaki production fairway and is just lightly explored. To date, TAG has been drilling the lowest risk shallow Mt. Messenger (~2000m) prospects in an initial effort to minimize financial risk, build near term reserves and leverage new infrastructure before drilling the high-impact prospects in the Kapuni Formation (~4000m). This prolific formation is where most of New Zealand's large fields have been discovered and will become a focus for TAG.

      Given the positive results of these recent wells, we continue to be optimistic for further discoveries within the Sidewinder permit area.“ TAG CEO, Garth Johnson commented. ”We have had excellent success with our shallow Taranaki drilling program thus far and will continue to exploit and develop this important play but our forward drilling strategy will include wells into higher impact opportunities. TAG's operating cash flow is estimated to grow substantially in April 2013 and combined with approximately $70 million in working capital and no debt, we are in a position to now fund financially riskier opportunities.


      TAG Appoints Senior Oil and Gas Executive to New Zealand to Lead Development & Build Natural Gas Business

      TAG Oil Ltd. is also pleased to announce that Canadian oil and gas executive, Mr. Randy Toone, P. Eng. will be joining TAG as its New Zealand Country Manager, and will be based in New Plymouth, New Zealand. Randy brings significant operations and energy related expertise and will help TAG leverage its strong position, and execute its business plan which includes building the Company's natural gas businesses.

      TAG is pleased to have attracted a high calibre executive such as Randy to help build TAG in New Zealand. He has a deep understanding of the industry and has proven himself as a leader. Over the past ten years, Randy was a senior executive with AltaGas Ltd. (TSX: ALA), a leading Canadian energy infrastructure company based in Calgary Alberta. He was originally hired as Operations Manager in 2003 and progressed through to senior executive positions of President, Gas Division and finally as President, Utilities. Prior to AltaGas, Randy has held leadership positions with Williams Energy Canada, Petro-Canada Oil and Gas and with Husky Oil Operations.

      TAG has granted a total of 150,000 incentive stock options to Mr. Toone. These options are exercisable until February 26, 2018, at a price of $5.00 per share, subject to certain vesting provisions.


      TAG Oil Ltd.

      TAG Oil Ltd. ( http://www.tagoil.com/)" target="_blank" rel="nofollow ugc noopener">http://www.tagoil.com/) is a Canadian-based production and exploration company with operations focused exclusively in New Zealand. With 100% ownership over all its core assets, including extensive oil and gas production infrastructure, TAG is enjoying substantial oil and gas production and reserve growth through development of several light oil and gas discoveries. TAG is also actively drilling high-impact exploration prospects identified across more than 2,984,171 net acres of land in New Zealand.

      In the East Coast Basin, TAG will explore and potentially develop the major unconventional resource potential believed to exist in the tight oil source-rock formations that are widespread over the Company's acreage. These oil-rich and naturally fractured formations have many similarities to North America's Bakken source-rock formation in the successful Williston Basin.


      For further information:

      Dan Brown or Garth Johnson
      TAG Oil Ltd., 1-604-682-6496
      Email: info@tagoil.com
      Website: http://www.tagoil.com/
      Blog: http://blog.tagoil.com/ "
      Avatar
      schrieb am 06.08.13 02:46:37
      Beitrag Nr. 48 ()
      TAG Oil's Cheal Infrastructure Expansion Complete, "Paving Way for Continued Oil &Gas Production Growth, in Taranaki" - Apr 4, 2013
      www.tagoil.com/pdf/TAG_NewsRelease_04-04-13.pdf

      "TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), is pleased to report that the Company's Cheal infrastructure expansion project in the Taranaki region of New Zealand has been completed. Together with TAG's existing production infrastructure and pipeline network, the Company now has the capacity to fully commercialize the successes (past and future) of its onshore Taranaki Basin assets.

      This major expansion establishes TAG Oil as a completely independent processor, transporter, and marketer of the gas the Company discovers, extracts and produces
      , opening significant new opportunities to supply the thriving Taranaki natural gas market.


      Shut-in wells now being placed into long-term production

      With this completed infrastructure expansion, previously shut-in wells from TAG's successful 2012 shallow drilling program are now being placed into long-term production. The Company will continue to identify areas of the new infrastructure that requires optimization, as final commissioning work continues in the coming weeks. TAG's total production capability from tested shallow wells and the new liquids potential of the expanded gas plant is in excess of 5000 barrels of oil equivalent per day.

      TAG Oil CEO, Garth Johnson commented, “I congratulate our entire team who have worked tirelessly to finish this project on time and on budget and they've done so to the highest safety and environmental standards. Even more impressive is the fact that during this complex infrastructure project, the team continued our unprecedented rate of successful new well drilling in Taranaki. With control of this critical infrastructure, TAG Oil is poised to grow even stronger, including new opportunities to leverage our natural gas assets.”


      New Zealand market drives value of TAG's oil up to 30% +gas up to 100% higher, than Q1´013 North American prices.

      One component of the Company's strategic focus on New Zealand – and a driver of the Cheal infrastructure expansion – is the high relative value of the oil and gas TAG produces. In addition to enjoying oil prices which, in February 2013, averaged CDN$30/bbl higher than West Texas Intermediate, TAG's contracted gas price (NZ$5.40/mcf) is more than double the 2012 Canadian gas price average.

      East Coast Basin oil and gas prospectsIn contrast to the oversupply of natural gas in North America, the Taranaki region of New Zealand is undersupplied, with further imbalance between gas supply and demand forecasted for the long term.

      March 27, 2013 was a milestone day for TAG Oil as the valve connecting the newly expanded Cheal Processing Facility to New Zealand's primary natural gas transmission pipeline was opened for the first time, providing the Company the ability to market and sell Cheal gas to interested parties looking for a long-term supply of gas.





      TAG's $100.000.000 state-of-the-art infrastructure expands processing capacity, with a focus on safely producing oil +gas, for years to come.

      The original Cheal facility, which was constructed at a cost of approximately $25 million by the previous operator, now has expanded oil processing capability, gas-liquids' extraction capabilities, and a new 11km pipeline to New Zealand’s primary gas transmission pipeline, all at an additional cost of ~$30 million. Including the Sidewinder Production Facility, TAG now controls approximately $100 million in critical infrastructure, which positions TAG as a prominent New Zealand producer with a strong competitive edge to pursue the attractive opportunities identified within the Company's Taranaki portfolio.

      This expansion ensures future wells – including high deliverability gas condensate wells – can be quickly commercialized. In addition, it delivers:


      - Increased oil lifting capacity;

      - Increased gas compression capacity;

      - Increased electricity generation capability;

      - A new gas plant capable of stripping liquid hydrocarbons for sales and creating New Zealand spec gas from solution gas;

      - Maximized marketability of TAG's gas production via new pipelines tying the Cheal-C site to the Cheal-A site, and a new 11km pipeline from Cheal to New Zealand's open-access gas transmission line.


      Over the coming months,” said TAG Chief Operating Officer Drew Cadenhead, “we'll be monitoring initial flush production rates and analyzing plant performance. Where necessary, we'll optimize production configuration to ensure we're operating at maximum efficiency while still following oilfield production best-practices. We're very pleased to have completed this major project slightly ahead of schedule: This was a very complex program using a variety of skills, and since we kept drilling while construction proceeded, an immense amount of planning and communication was required to insure these concurrent operations were completed safely and efficiently. Our team did a great job.”


      TAG Oil Ltd.

      TAG Oil Ltd. ( http://www.tagoil.com/)" target="_blank" rel="nofollow ugc noopener">http://www.tagoil.com/) is a Canadian-based production and exploration company with operations focused exclusively in New Zealand. With 100% ownership over all its core assets, including extensive oil and gas production infrastructure, TAG is enjoying substantial oil and gas production and reserve growth through development of several light oil and gas discoveries. TAG is also actively drilling high-impact exploration prospects identified across more than 2,984,171 net acres of land in New Zealand.

      In the East Coast Basin, TAG will explore and potentially develop the major unconventional resource potential believed to exist in the tight oil source-rock formations that are widespread over the Company's acreage. These oil-rich and naturally fractured formations have many similarities to North America's Bakken source-rock formation in the successful Williston Basin.


      For further information:

      Dan Brown or Garth Johnson
      TAG Oil Ltd., 1-604-682-6496
      Email: info@tagoil.com
      Website: http://www.tagoil.com/
      Blog: http://blog.tagoil.com/


      TAG Oil has adopted the standard of six thousand cubic feet of gas to equal one barrel of oil when converting natural gas to “BOE's”. BOEs may be misleading, particularly if used in isolation. A BOE conversion ratio of 6Mcf: 1 Bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. "
      Avatar
      schrieb am 06.08.13 03:11:29
      Beitrag Nr. 49 ()
      man fängt jetzt langsam an auch die "high risk/high reward"-Löcher zu bohren. Und was ich als "Öl-nicht-Experte" sagen kann ist, dass einige der "particular features" des "East Coast Basin"/"Waipawa Black Shale and Whangai " ausgezeichnete Merkmale für (gute)Ölfunde sein dürften(hier täten mich auch ein paar Worte von
      scioutnescio zu interessieren, aber der war glaube ich schon länger nicht mehr auf W:O). Das garantiert mal gar nichts, aber man darf bezüglich der "high impact-Bohrungen" sehr gespannt sein:

      TAG Oil "Targets Unconventional Discoveries, with 1st Oil +Gas Exploration Well, in New Zealand's East Coast Basin" - Apr 22, 2013
      www.tagoil.com/pdf/TAG_NewsRelease_04-22-13.pdf
      www.tagoil.com/unconventional-oil.asp

      "TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), is pleased to announce that drilling of the Ngapaeruru-1 exploration well is now underway in TAG's 100% controlled Petroleum Exploration Permit 38349, located in the East Coast Basin of New Zealand. The Ngapaeruru-1 exploration well, spudded at 4:30am on April 22nd, 2013 is targeting the Waipawa Black Shale and Whangai source rock formations at an anticipated depth of 1,800 meters, and will test the unconventional discovery potential in this portion of the Basin.



      - Waipawa Black Shale -


      The Waipawa Black Shale and Whangai formations are high-quality source rock formations present throughout most of TAG's million-acre East Coast Basin land holdings. These oil-and gas-rich source rocks are comparable in total organic carbon content and oil and gas maturity levels to successful tight oil and gas plays such as North Dakota's Bakken shale in the prolific Williston Basin.

      Garth Johnson, TAG Oil's CEO commented, “Our strategy has always been to build reserves, production infrastructure, and cash flow from our lower risk conventional assets, leveraging these successes to intelligently pursue high-impact opportunities such as the East Coast Basin. With TAG's continued success in the Taranaki Basin – and our successful commercialization of these discoveries – we continue to deliver on the first part of this plan. Drilling Ngapaeruru-1 is another step in delivering on our business plan: pursuing these higher risk, higher impact exploration wells from a very strong financial position.

      Live oil recovered from shallow wells drilled by TAG in 2011, as well as oil sampled from seeps in the East Coast Basin, confirm that the source of the high-quality oil was generated from the Waipawa Black Shale and Whangai formations. Extensive geotechnical work on TAG's East Coast acreage, including proprietary 2D and 3D seismic, have confirmed that the source rock parameters in TAG's East Coast Basin play compare favorably to commercial unconventional plays throughout the world.

      In addition, TAG's East Coast Basin play has particular features that provide "encouragement" in regard to "prospectivity" of this unconventional exploration play, including:

      - The source rocks are up to 600 meters :eek: thick in some areas;

      - The source rocks are naturally fractured;

      - The oil confirmed as coming from the source rocks, is 50 degree API;

      - The East Coast Basin is over-pressured at depth, confirming a competent seal situated above the source rocks.


      These parameters were also considered in an independent report that estimated potential undiscovered oil initially-in-place amounting to 14 billion barrels, calculated on just 20% :eek: of TAG's East Coast Basin acreage that is believed to be prospective for unconventional discovery. TAG Oil was the first company to identify the unconventional play in the East Coast Basin, and therefore selected the acreage where the Company believed it to be the most prospective for unconventional exploration. TAG's acreage is where both the Waipawa Black Shale and Whangai source rocks are the most widespread, thickly developed, and reachable at depths that offer the best chance for commercial feasibility.

      Mr. Johnson continued: “Given this very significant potential, we're pleased to have 100% control over the project, with a substantial portion of exploration costs to date funded by our previous joint venture partner. While their shift in corporate strategy resulted in a refocusing of their international holdings, our work together validated and confirmed the major exploration potential of these lands. As a result, Ngapaeruru-1 is the first of several exploration wells directly testing these unconventional targets.”

      For further information on TAG’s unconventional source rock targets please visit: http://www.tagoil.com/unconventional-oil.asp." target="_blank" rel="nofollow ugc noopener">http://www.tagoil.com/unconventional-oil.asp.

      TAG Oil COO Drew Cadenhead commented, “Since this is the first well directly targeting the Waipawa Black Shale and Whangai source rocks in the East Coast Basin, the Company has planned operations to obtain the maximum amount of data to guide future exploration activities. This includes specialized electric log data and other unconventional source rock analysis data. TAG has been working up to this for about six years, and we're excited to finally be here. While we know drilling conditions can be tricky :eek: in this over-pressured Basin, our drilling department is well prepared to complete these operations safely and with minimal impact to the environment.

      TAG is using Webster Drilling's Nova #1 Drilling Rig, which was mobilized from the Company's Sidewinder gas and oil field in the Taranaki Basin, after drilling another successful step-out well, Sidewinder-A7, which will soon be production tested.


      TAG Oil Ltd.

      TAG Oil Ltd. ( http://www.tagoil.com/)" target="_blank" rel="nofollow ugc noopener">http://www.tagoil.com/) is a Canadian-based production and exploration company with operations focused exclusively in New Zealand. With 100% ownership over all its core assets, including extensive oil and gas production infrastructure, TAG is enjoying substantial oil and gas production and reserve growth through development of several light oil and gas discoveries. TAG is also actively drilling high-impact exploration prospects identified across more than 2,984,171 net acres of land in New Zealand.

      In the East Coast Basin, TAG will explore and potentially develop the major unconventional resource potential believed to exist in the tight oil source-rock formations that are widespread over the Company's acreage. These oil-rich and naturally fractured formations have many similarities to North America's Bakken source-rock formation in the successful Williston Basin.


      For further information:

      Dan Brown or Garth Johnson
      TAG Oil Ltd., 1-604-682-6496
      Email: info@tagoil.com
      Website: http://www.tagoil.com/
      Blog: http://blog.tagoil.com/


      Important Information:

      It is equally likely that the actual remaining quantities recovered will be greater or less than the best estimate. :eek:

      Undiscovered Oil Initially-In-Place (equivalent to undiscovered resources) is that quantity of petroleum that is estimated, on a given date, to be contained in accumulations yet to be discovered. There is no certainty that any portion of the undiscovered resources will be discovered or that, if discovered, it will be economically viable or technically feasible to produce.

      Exploration for hydrocarbons is a speculative venture :eek: necessarily involving substantial risk :eek: :eek: . TAG's future success in exploiting and increasing its current reserve base will depend on its ability to develop its current properties and on its ability to discover and acquire properties or prospects that are capable of commercial production. However, there is no assurance that TAG's future exploration and development efforts will result in the discovery or development of additional commercial accumulations of oil and natural gas. In addition, even if further hydrocarbons are discovered, the costs of extracting and delivering the hydrocarbons to market and variations in the market price may render uneconomic any discovered deposit. Geological conditions are variable and unpredictable. Even if production is commenced from a well, the quantity of hydrocarbons produced inevitably will decline over time, and production may be adversely affected or may have to be terminated altogether if TAG encounters unforeseen geological conditions. TAG is subject to uncertainties related to the proximity of any reserves that it may discover to pipelines and processing facilities. It expects that its operational costs will increase proportionally to the remoteness of, and any restrictions on access to, the properties on which any such reserves may be found. Adverse climatic conditions at such properties may also hinder TAG's ability to carry on exploration or production activities continuously throughout any given year.


      The significant positive factors that are relevant to the resource estimate are:

      - Proven production in close proximity;

      - Proven commercial quality reservoirs in close proximity; and

      - Oil and gas shows while drilling wells nearby.


      The significant negative factors that are relevant to the resource estimate are:

      - Tectonically complex geology could compromise seal potential; and

      - Seismic attribute mapping in the two, deep, liquids’-rich gas plays can be indicative but not certain in identifying proven resource. (...)"
      Avatar
      schrieb am 06.08.13 18:16:44
      Beitrag Nr. 50 ()
      TAG Oil Reports Ngapaeruru-1 Exploration Well Progress, in New Zealand's East Coast Basin - May 7, 2013
      www.tagoil.com/pdf/TAG_NewsRelease_05-07-13.pdf

      "Vancouver, B.C. – May 7, 2013 – TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), is pleased to report that drilling of TAG's 100%-controlled Ngapaeruru-1 exploration well is drilling ahead, and has encountered elevated mud gas readings at a depth of 800 to 977 meters. The significance of the elevated gas readings will not be known until wireline logs have been run and evaluated.

      The Ngapaeruru-1 well has reached intermediate casing point at 977 meters with operations continuing according to the drill plan. The planned total depth of the Ngapaeruru-1 well is approximately 1800 meters and is targeting the naturally fractured Waipawa Black Shale and Whangai source-rocks.



      - Ngapaeruru-1 drilling site, East Coast Basin -


      We've passed a couple of critical drilling challenges successfully in the Ngapaeruru-1 well now, including cementing intermediate casing across the troublesome Weber and Wanstead Formations. TAG can now drill confidently ahead into the Waipawa and Whangai source rock targets." Drew Cadenhead, TAG's C.O.O. commented. "We've had to increase the mud weights considerably as we drill deeper, and we continue to see rising mudlog gas readings, including the oil-indicative C3-C5 factions, which is encouraging. The "oil kitchen" in these source rocks is definitely working below us - it promises to be interesting drilling over the next couple of weeks."

      The Ngapaeruru-1 well was spudded on April 22, 2013 and is located in TAG's 100% controlled Petroleum Exploration Permit 38349, located in the East Coast Basin of New Zealand.

      For further information on the Ngapaeruru-1 exploration well and TAG Oil's unconventional prospects please visit: http://www.tagoil.com/20130422-TAG-Oil-First-Oil-And-Gas-Exploration-Well-East-Coast-Basin.asp" target="_blank" rel="nofollow ugc noopener">http://www.tagoil.com/20130422-TAG-Oil-First-Oil-And-Gas-Exploration-Well-East-Coast-Basin.asp


      TAG Oil Ltd.

      TAG Oil Ltd. ( http://www.tagoil.com/)" target="_blank" rel="nofollow ugc noopener">http://www.tagoil.com/) is a Canadian-based production and exploration company with operations focused exclusively in New Zealand. With 100% ownership over all its core assets, including extensive oil and gas production infrastructure, TAG is enjoying substantial oil and gas production and reserve growth through development of several light oil and gas discoveries. TAG is also actively drilling high-impact exploration prospects identified across more than 2,984,171 net acres of land in New Zealand.

      In the East Coast Basin, TAG will explore and potentially develop the major unconventional resource potential believed to exist in the tight oil source-rock formations that are widespread over the Company's acreage. These oil-rich and naturally fractured formations have many similarities to North America's Bakken source-rock formation in the successful Williston Basin.


      For further information:

      Dan Brown or Garth Johnson
      TAG Oil Ltd., 1-604-682-6496
      Email: info@tagoil.com
      Website: http://www.tagoil.com/
      Blog: http://blog.tagoil.com/


      TAG Oil has adopted the standard of six thousand cubic feet of gas to equal one barrel of oil when converting natural gas to “BOE's”. BOEs may be misleading, particularly if used in isolation. A BOE conversion ratio of 6Mcf: 1 Bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. "
      Avatar
      schrieb am 06.08.13 18:22:53
      Beitrag Nr. 51 ()
      TAG Oil's Ngapaeruru-1 Well Intersects Oil +Gas Shows, in Source Rock - May 14, 2013
      www.tagoil.com/pdf/TAG_NewsRelease_05-14-13.pdf

      "Vancouver, B.C. – May 14, 2013 – TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), reports that TAG's 100%-controlled Ngapaeruru-1 exploration well has reached a total depth of 1417 meters after successfully drilling through the Waipawa and Whangai source rock formations, the main objective of the well.


      Excellent mud gas shows — which indicate the presence of gas zones or soluble gas in oil — were recorded between the intervals of 1140 – 1295m (155m gross hydrocarbon column). Preliminary gas ratio analysis interprets a predominantly wet gas / oil signature. All data has now been forwarded to independent laboratories for expert analysis.

      In addition, TAG Oil cut and recovered sidewall cores over 14 separate intervals within the 155 meters of potential unconventional oil and gas pay, sampled total organic content (TOC) and acquired in-situ gas analysis at depth. Detailed petrophysical evaluation is now underway with a full suite of unconventional logs to ascertain source rock quality, fracture identification, geochemistry, and rock moduli data. This data is critical to determining the most suitable completion method and production testing of the Ngapaeruru-1 well, as well as to better understanding the long term feasibility of TAG's East Coast Basin opportunity.

      "Our team did an excellent job drilling this first ever unconventional target in the East Coast Basin," commented Drew Cadenhead, TAG's Chief Operating Officer. "Diligence and communication made certain that the occasionally tricky drilling conditions in this Basin were handled as planned: safely, efficiently, and with no environmental incidents. The fact that early mud-log analysis has returned wet gas and oil indications is both encouraging and very exciting. We're looking forward to more detailed results once analysis of the data acquired from the Ngapaeruru-1 well is complete."

      Ngapaeruru-1 is located in TAG's 100%-controlled Petroleum Exploration Permit 38349 in the East Coast Basin of New Zealand. The Ngapaeruru-1 well represents New Zealand's first test directly targeting the naturally fractured Waipawa and Whangai formation source rocks which is believed to contain a significant oil and gas resource.

      For further information on the Ngapaeruru-1 exploration well and TAG Oil's unconventional prospects please visit: http://www.tagoil.com/20130422-TAG-Oil-First-Oil-And-Gas-Exploration-Well-East-Coast-Basin.asp" target="_blank" rel="nofollow ugc noopener">http://www.tagoil.com/20130422-TAG-Oil-First-Oil-And-Gas-Exploration-Well-East-Coast-Basin.asp


      TAG Oil Ltd.

      TAG Oil Ltd. ( http://www.tagoil.com/)" target="_blank" rel="nofollow ugc noopener">http://www.tagoil.com/) is a Canadian-based production and exploration company with operations focused exclusively in New Zealand. With 100% ownership over all its core assets, including extensive oil and gas production infrastructure, TAG is enjoying substantial oil and gas production and reserve growth through development of several light oil and gas discoveries. TAG is also actively drilling high-impact exploration prospects identified across more than 2,984,171 net acres of land in New Zealand.

      In the East Coast Basin, TAG will explore and potentially develop the major unconventional resource potential believed to exist in the tight oil source-rock formations that are widespread over the Company's acreage. These oil-rich and naturally fractured formations have many similarities to North America's Bakken source-rock formation in the successful Williston Basin.


      For further information:

      Dan Brown or Garth Johnson
      TAG Oil Ltd., 1-604-682-6496
      Email: info@tagoil.com
      Website: http://www.tagoil.com/
      Blog: http://blog.tagoil.com/ "
      Avatar
      schrieb am 06.08.13 18:25:35
      Beitrag Nr. 52 ()
      TAG to Transfer Stake in New Zealand Power Generator, to Coronado Resources - May 15, 2013
      www.tagoil.com/pdf/TAG_NewsRelease_05-15-13.pdf

      "Vancouver, B.C. – May 15, 2013 – TAG Oil Ltd. (TSX: TAO; OTCQX: TAOIF), reports that it has agreed to sell its 90% stake in Opunake Hydro Limited ("OHL"), an established electricity generator and supplier in New Zealand, to Coronado Resources Ltd. (TSX-V: CRD; OTCQX: CRDAF) in exchange for common shares of Coronado valued at approximately CDN$5,000,000. The common shares of Coronado being issued to TAG Oil and the vendor of the remaing 10% interest represents full consideration paid by Coronado to acquire 100% of the issued and outstanding shares of OHL.

      OHL is an active power generation company based in New Zealand, and is poised to rapidly expand its generation capabilities. Upon completion of this transaction, OHL will have working capital of approximately CDN$8 million allowing the company to acquire additional gas fired electricity generation equipment, while securing natural gas supply through TAG. This will enable both TAG and OHL to benefit from increased generation of electricity for sale into thriving retail, industrial and commercial markets.

      The transaction is being completed pursuant to the terms of a definitive share purchase agreement dated May 13, 2013 between TAG Oil, Coronado and the vendor of the remaining 10% interest in OHL. Under the terms of the share purchase agreement, TAG will receive 13,015,410 common shares of Coronado valued at CDN$0.39 per share. The Coronado share price is based on the volume weighted average closing price of Coronado's common shares on the TSX Venture Exchange ("TSX-V") for the 20 consecutive trading days ending on May 10, 2013.

      TAG currently holds 25,975,000 common shares, or 40.08%, of Coronado and upon completion of the transaction, TAG will hold 38,990,410 common shares, or 49.18%. The common shares will be held for investment purposes and TAG may, depending on market and other conditions, increase or decrease its beneficial ownership of common shares or other securities of Coronado whether in the open market, by privately negotiated agreement or otherwise. Completion of the transaction is subject to a number of conditions, including approval of the Transaction by Coronado shareholders, the TSX-V and under the New Zealand Overseas Investment Act.

      This press release is issued pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, which also requires a report to be filed with regulatory authorities in each of the jurisdictions containing additional information with respect to the foregoing matters (the "Early Warning Report"). To obtain a copy of the Early Warning Report filed in connection with the Transaction, please see Coronado's profile on the SEDAR website at www.sedar.com.


      TAG Oil Ltd.

      TAG Oil Ltd. ( http://www.tagoil.com/)" target="_blank" rel="nofollow ugc noopener">http://www.tagoil.com/) is a Canadian-based production and exploration company with operations focused exclusively in New Zealand. With 100% ownership over all its core assets, including extensive oil and gas production infrastructure, TAG is enjoying substantial oil and gas production and reserve growth through development of several light oil and gas discoveries. TAG is also actively drilling high-impact exploration prospects identified across more than 2,984,171 net acres of land in New Zealand.

      In the East Coast Basin, TAG is exploring the major unconventional resource potential believed to exist in the source-rock formations that are widespread over the Company's acreage. These oil- rich and naturally fractured formations have many similarities to North America's Bakken source- rock formation in the successful Williston Basin.


      For further information:

      Dan Brown or Garth Johnson
      TAG Oil Ltd., 1-604-682-6496
      Email: info@tagoil.com
      Website: http://www.tagoil.com/
      Blog: http://blog.tagoil.com/ "
      Avatar
      schrieb am 06.08.13 18:34:11
      Beitrag Nr. 53 ()
      TAG Oil's Taranaki Basin Success "Paves the Way for Future Growth, in New Zealand" - May 28, 2013
      www.tagoil.com/pdf/TAG_NewsRelease_05-28-13.pdf

      "Vancouver, B.C. – May 28, 2013 – TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), reports that with the completion of the Company's Taranaki Basin production facility expansion and associated pipeline, all but six wells capable of commercial production have now been tied into the facility and optimized for long-term production.

      With all production facilities (100% owned and operated by TAG) now in place, the Company is able to rapidly commercialize any new discoveries and leverage its strong Taranaki-region operational position. This includes maximizing TAG Oil's position as a completely independent processor, transporter, and marketer of the oil and gas the Company discovers, extracts and produces.

      TAG's current production – entirely from the shallow Miocene section within the Cheal and Sidewinder fields – varies between 2,500 to 3,000 barrels of oil equivalent per day ("BOE"), with an average baseline production of 2,700 BOE's per day over the past ten days. Baseline production will increase as remaining shut-in wells are brought on stream, as well as any success arising from the ten new wells planned to be drilled by year's end which could materially increase this production figure.

      This baseline production and cash-flow platform, combined with extensive production infrastructure provides a strong foundation for TAG Oil's foray into many years of high impact exploration opportunities. New Zealand is recognized as an untapped oil and gas frontier with some of the best fiscal terms and lowest royalties in the industry, and where TAG can enjoy the benefits of a high impact international portfolio without the political and economic disadvantages associated with many other parts of the world.


      Robust netbacks, of $73/barrel of oil +$3.88/MCF of gas.

      TAG's current production in Taranaki consists of roughly a 46/54 split of light oil and natural gas: TAG receives Brent Crude oil prices which averaged 15% higher than North American pricing year-to-date, and a thriving New Zealand natural gas market with prices at 34% higher than North America.

      "TAG Oil's shallow drilling campaign of the past two years resulted in baseline production from a well-executed drilling campaign. In addition to adding reserves and cash-flow this campaign has enabled TAG to collect critical comprehensive data on geological, geophysical, and well-performance capability. This accumulated knowledge translates into many years of low-risk shallow development drilling." said Drew Cadenhead, TAG's COO. "Even more important for the long term, is that for the first time in TAG's existence, we can better predict Company-wide production rates, and we have reliable data to more accurately forecast the commerciality of wells that contribute to our shallow conventional play in Taranaki. Although TAG's been involved in about 12% of the ~400 wells drilled in Taranaki since 1950, the geological database we can pull from is remarkably small :eek: , considering an equivalent area in Alberta has over 100,000 :eek: :laugh: wells drilled. But we're amassing data, and TAG's learning curve with respect to the commerciality of the shallow Miocene play has been rapid."

      For further information regarding TAG Oil's state-of-art production facilities and the Company's inherent growth potential please visit: http://www.tagoil.com/20130404-TAG-Oil-Cheal-Infrastructure-Expansion-Complete.asp" target="_blank" rel="nofollow ugc noopener">http://www.tagoil.com/20130404-TAG-Oil-Cheal-Infrastructure-Expansion-Complete.asp


      TAG Oil Ltd.

      TAG Oil Ltd. ( http://www.tagoil.com/)" target="_blank" rel="nofollow ugc noopener">http://www.tagoil.com/) is a Canadian-based production and exploration company with operations focused exclusively in New Zealand. With 100% ownership over all its core assets, including extensive oil and gas production infrastructure, TAG is enjoying substantial oil and gas production and reserve growth through development of several light oil and gas discoveries. TAG is also actively drilling high-impact exploration prospects identified across more than 2,984,171 net acres of land in New Zealand.

      In the East Coast Basin, TAG will explore and potentially develop the major unconventional resource potential believed to exist in the tight oil source-rock formations that are widespread over the Company's acreage. These oil-rich and naturally fractured formations have many similarities to North America's Bakken source-rock formation in the successful Williston Basin.


      For further information:

      Dan Brown or Garth Johnson
      TAG Oil Ltd., 1-604-682-6496
      Email: info@tagoil.com
      Website: http://www.tagoil.com/
      Blog: http://blog.tagoil.com/


      TAG Oil has adopted the standard of six thousand cubic feet of gas to equal one barrel of oil when converting natural gas to "BOE's". BOEs may be misleading, particularly if used in isolation. A BOE conversion ratio of 6Mcf: 1 Bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. "
      Avatar
      schrieb am 09.08.13 02:46:58
      Beitrag Nr. 54 ()
      "Catalytic converter", New Zealand focus - EIR - Jun 19, 2013
      www.eastwestpetroleum.ca/assets/downloads/CatalyticConverter…
      Avatar
      schrieb am 18.09.13 08:40:39
      Beitrag Nr. 55 ()
      bei Darstellungsproblemen bitte den Link nehmen:

      TAG Oil Reports `13 Fiscal Year End Financial Results +`14 Drilling Program - Jun 28, 2013
      www.tagoil.com/pdf/TAG_NewsRelease_6-28-13.pdf

      "Vancouver, B.C. - June 28, 2013 - TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), reports the Company has filed its consolidated, audited financial statements, management discussion and analysis and annual information form with the Canadian Securities Administrators for the Company's March 31, 2013 fiscal year-end. Copies of these documents can be obtained electronically at http://www.sedar.com, or for additional information please visit TAG Oil's website at http://www.tagoil.com/." target="_blank" rel="nofollow ugc noopener">http://www.tagoil.com/.


      "Poised for Many Years of Growth"

      During FY2012 and 2013, TAG Oil conducted an extensive Taranaki drilling campaign consisting of wells averaging approximately 2,000 meters depth, commonly referred to as TAG's shallow drilling program. This program, which targeted the Urenui and Mt. Messenger formations within the Company's 100% owned Cheal and Sidewinder fields, now provides TAG with ongoing high netback production and steady cash flow.

      Decline rates from new wells tied in are now stable and in line with other typical Cheal wells on long term production. Some wells from the drilling campaign came onstream with record flow rates, however did not maintain these high rates and declined to production levels in line with other profitable wells in the field. The resulting long-term cash flow has positioned TAG to execute the Company's most diverse and active drilling campaign in the Company's history, including high-impact drilling in the East Coast Basin, while maintaining a very strong debt free balance sheet. Furthermore, control of extensive Taranaki production and delivery infrastructure ensures rapid commerciality of new wells.


      FY2013 TAG Oil Highlights



      + At March 31, 2013, the Company had cash of $68.9 million, working capital of $68.1 million and no debt.

      + Daily average production increased 23% for the year, from 1,433 BOE to 1,756 BOE.

      + Income of $10.69 million was recorded for fiscal 2013 before the deduction of non-cash share-based compensation, and production revenue increased 4% to $44.59 million.

      + Operations generated $34.21 million in cashflow, compared to $15.56 million in 2012.

      + Total production for the year was 641,142 BOE's.

      + Sproule International assigned 1p, 2p and 3p reserves of 2,216,000 BOE (85% oil), 6,112,000 BOE (88% oil) and 8,268,000 BOE (86% oil), respectively.

      + Successfully drilled, completed and placed on permanent production at the Cheal field: Cheal-A11, Cheal-A12 and Cheal-B8 wells.

      + Successfully drilled, completed and placed on permanent production at the Sidewinder field: Sidewinder-A5 and Sidewinder-A6, and drilled the Sidewinder-A7 well.

      + Successfully drilled and cased the Ngapaeruru-1 well and encountered excellent mud gas shows indicating the presence of gas zones or soluble gas in oil between the intervals within a 155m gross hydrocarbon column.

      + Infrastructure expansion program completed by March 31, 2013 as planned, allowing increased production capacity, processing of natural gas including liquid stripping capabilities, and export of natural gas to the open-access pipeline infrastructure.

      + In May 2012, TAG closed a bought deal financing at $10.45 per share, issuing 4,435,000 common shares for net proceeds of $43,365,746.

      + The Company acquired a 90% interest in a New Zealand electricity generation and retailing company, Opunake Hydro Limited ("OHL") through the investment of approximately $5.0 million, with all funds being used to acquire new gas-fired generation equipment to be located at the Company's Cheal site.

      + Acquired 40% in Coronado Resources Ltd. (TSXV: CRD) and will acquire an additional 10% of Coronado's common shares as a result of selling OHL. The deal is subject to the terms and conditions of the Share Purchase Agreement that has been executed by all parties involved.

      + Acquired three New Zealand exploration permits in the East Coast and Canterbury basins: PEP 52589, PEP 52676 and PEP 53674, comprised of approximately two-million acres in favourable geological areas offering high-impact exploration opportunities.

      + Awarded four new onshore Taranaki exploration blocks in New Zealand's 2012 Block Offer adding at least 10 drilling prospects plus numerous leads identified on 3D seismic in close proximity to TAG's producing Cheal oil field. A Joint Venture created with East West Petroleum Ltd. on three of the new permits carries TAG through $10 million in exploration costs while maintaining operatorship.


      Financial and Production Review

      2013 2012
      Production Revenue
      $
      44,591,201
      42,908,655

      Net income prior to share-based compensation

      10,694,371
      18,924,540

      Net income

      5,073,359
      12,376,019

      Earnings per share

      0.09
      0.24

      Working capital

      68,073,376
      65,371,541

      Total assets

      210,937,314
      148,883,278

      Long term debt

      -
      -

      Shareholder's equity
      $
      191,190,601
      133,368,183


      TAG currently has 59,344,052 common shares outstanding and 63,052,386 common shares outstanding on a fully diluted basis.


      Oil and Natural Gas Production, Pricing and Revenue



      A summary of TAG's drilling program over the next 12 months



      Shallow-Well Program

      The program will consist of nine shallow Taranaki wells with permit interests between 50% to 70%. The Company will apply what it has learned from the extensive new drilling data acquired in the last three years to target the low-risk step out prospects, and build the Company's net proved and probable reserves of 6,112,000 BOE's (88% oil) estimated by Sproule as of March 31, 2013. The intention of this drilling program is to continue to exploit the shallow play potential and further maximize the value of the Cheal and Sidewinder fields which remain lightly explored.


      Deep Gas and Condensate Program

      TAG will step up its efforts in the Taranaki Basin to drill larger, seismically defined, prospects which have the potential to materially bolster the Company's long-term production and reserve growth profiles.

      The Company will drill at least two of its 100% owned deep Kapuni gas/condensate prospects in FY2014.


      Cardiff and Heatseeker are scheduled to commence in the third quarter of calendar 2013. A third prospect, the Hellfire deep prospect, may be drilled contingent on the results of Cardiff and Heatseeker. These deep Eocene-aged targets are materially larger in reserve size and deliverability potential than what TAG has been targeting in the shallow Miocene formations. Drilling of TAG's Kapuni prospects will use a large seismic database to target prospect depths of approximately 3,500 to 4,000 meters. TAG's Kapuni targets are on trend and similar to the large deep gas/condensate plays in Taranaki such as the Kapuni Field that has produced 1.5 TCF and 65 mmbls of condensate to date and 800 BCF Mangahewa field operated by Shell and Todd Petroleum.

      In a report dated February 28, 2011, Sproule International Limited estimates the gross undiscovered resource potential associated with TAG's Cardiff Prospect as follows:



      East Coast Basin Tight Oil

      In April of 2013, the Company drilled and cased its first unconventional test well, Ngapaeruru-1. The Ngapaeruru-1 well reached a total depth of 1,417 meters after successfully drilling through the Waipawa and Whangai source rock formations, the main objective of the well. Initial results are very encouraging with 155 meters of potential tight oil and gas pay. TAG cut and recovered sidewall cores over 14 separate intervals within the 155 meters of potential tight pay, sampled total organic content (TOC) and acquired in-situ gas analysis at depth. Detailed petrophysical evaluation is now underway with a full suite of unconventional logs to ascertain source rock quality, fracture identification, geochemistry, and rock moduli data. This data will be used to determine the most suitable completion method for production testing the Ngapaeruru-1 well.

      TAG plans to drill at least three more exploration wells in the East Coast Basin over the next 18 months, to achieve the Company's goal of converting a potentially major undiscovered unconventional resource into proven reserves.


      Canterbury Basin


      After some encouraging early stage results, further resource potential is being assessed after processing and interpreting 80km's of recently acquired seismic data. TAG's new 2D seismic, acquired over leads initially identified using geochemical surface data, has resulted in a clearly imaged subsurface, resulting in four newly mapped features within the permit. TAG intends to acquire additional seismic over these specific leads to confirm aerial extent of the anomalies as well as closure prior to making a commitment to drill.

      The Canterbury Basin is an underexplored oil and gas frontier that is recognized to have major discovery potential. Large energy companies such as US-based Anadarko Petroleum and Australian-based Origin Energy are exploring the offshore region in the immediate vicinity to TAG's 1.17 million acres under permit.


      Conference Call Information

      TAG Oil will host a discussion of its 2014 forward program as well as fourth quarter 2013 results conference call on Friday June 28, 2013 at 1:00 pm Pacific Time. Please call in ten minutes before the conference call starts and stay on the line (an operator will be available to assist you should you have questions of management during the call). In addition, questions can be forwarded by e-mail in advance to info@tagoil.com.


      Interested parties may access the conference call using the information below:

      Date June 28th, 2013
      Time 1:00pm Pacific Time
      Toll-Free Dial-in # 1-866-318-8614
      Secondary Dial-in # 1-617-399-5133
      Conference Passcode 51004241
      E-mail questions to: info@tagoil.com


      TAG Oil Ltd.

      TAG Oil Ltd. ( http://www.tagoil.com/)" target="_blank" rel="nofollow ugc noopener">http://www.tagoil.com/) is a Canadian-based production and exploration company with operations focused exclusively in New Zealand. With 100% ownership over all its core assets, including extensive oil and gas production infrastructure, TAG is enjoying substantial oil and gas production and reserve growth through development of several light oil and gas discoveries. TAG is also actively drilling high-impact exploration prospects identified across more than 2,984,171 net acres of land in New Zealand.

      In the East Coast Basin, TAG is exploring the major unconventional resource potential believed to exist in the source-rock formations that are widespread over the Company's acreage. These oil-rich and naturally fractured formations have many similarities to North America's Bakken source-rock formation in the successful Williston Basin.


      For further information:

      Dan Brown or Garth Johnson
      TAG Oil Ltd., 1-604-682-6496
      Email: info@tagoil.com
      Website: http://www.tagoil.com/
      Blog: http://blog.tagoil.com/

      TAG Oil has adopted the standard of six thousand cubic feet of gas to equal one barrel of oil when converting natural gas to "BOEs". BOEs may be misleading, particularly if used in isolation. A BOE conversion ratio of 6Mcf: 1 Bbl is based on an energy equivalency conversion method primarily applicable at the burner tip and does not represent a value equivalency at the wellhead. "
      Avatar
      schrieb am 18.09.13 08:44:50
      Beitrag Nr. 56 ()
      TAG Oil Reports Strong Q1 `14 Financial Results +12 Well Drilling Campaign Underway - Aug 14, 2013


      "Q1 2014 TAG Oil Highlights"

      + At June 30, 2013, the Company had cash of $57.2 million, working capital of $63.5 million and no debt.

      + Production revenue increased to $14.7 million.

      + Net income of $4.5 million generated, before the deduction of non-cash share-based compensation.

      + Operations generated $9.6 million in cashflow.

      + Daily average production increased 39% in Q1-14 compared to Q4-13.

      + Purchased 260,000 common shares of the Company for cancellation and return to treasury at an average price of $3.05 per share.

      + Drilled and cased the Ngapaeruru-1 well in the East Coast Basin, intersecting 155 meters of unconventional oil and gas reservoir in the source rock.

      + Signed a new surface access agreement in the East Coast Basin permit to allow for drilling access on PEP 38348 (Waitangi Hill area). ...
      www.tagoil.com/pdf/TAG_NewsRelease_8-14-13.pdf
      Avatar
      schrieb am 18.09.13 09:01:34
      Beitrag Nr. 57 ()
      Zitat von Popeye82: man fängt jetzt langsam an auch die "high risk/high reward"-Löcher zu bohren. Und was ich als "Öl-nicht-Experte" sagen kann ist, dass einige der "particular features" des "East Coast Basin"/"Waipawa Black Shale and Whangai " ausgezeichnete Merkmale für (gute)Ölfunde sein dürften(hier täten mich auch ein paar Worte von
      scioutnescio zu interessieren, aber der war glaube ich schon länger nicht mehr auf W:O). Das garantiert mal gar nichts, aber man darf bezüglich der "high impact-Bohrungen" sehr gespannt sein



      TAG Oil's Deep Drilling " "Targets" Large Onshore Gas/ Condensate Resource, in Taranaki Basin" - Sep 17, 2013
      www.tagoil.com/pdf/TAG_NewsRelease_9-17-13.pdf

      "Vancouver, B.C. - September 17, 2013 - TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), announces that the Cardiff-3 well located in Petroleum Mining License 38156 was spudded on September 2, 2013 and is presently drilling at a depth of approximately 1,000 meters. The Cardiff-3 well will take approximately 30 more days to reach its total projected depth of 4,900 meters.

      Cardiff-3 is the first of three back-to-back deep wells being drilled (Cardiff-3, Heatseeker-1 and Hellfire-1) by TAG (100%) targeting Taranaki's successful Kapuni Formation.

      All three wells are situated within the Taranaki Basin's main deep discovery fairway, where proven producing reserves of 6.9 TCF of gas and 372 million barrels of oil/condensate have been discovered in the Eocene-aged Kapuni Formation so far. (Source: www.nzpam.govt.nz/cms/petroleum/facts-and-figures )

      Combined, the assessed "mid-range" resource potential for the Cardiff, Heatseeker and Hellfire prospects is 477 billion cubic feet of natural gas and 18 million barrels of associated condensates, as follows:




      Sproule International Limited has independently assessed the resource potential for Cardiff, and TAG's internal qualified reserve evaluator has assessed the resource potential of the Heatseeker and Hellfire prospects, all with an effective date of July 31, 2013. The resource assessments in the table above have been made in accordance with NI 51-101 and the Canadian Oil and Gas Evaluations Handbook and are supported by several existing commercialized Kapuni Formation discoveries.

      These deep wells are part of TAG's 11 well drilling campaign in Taranaki, which will be completed over the next six months. This program consists of a combination of development drilling, appraisal and exploration drilling: TAG currently has two drill rigs actively operating, with a third rig to begin operating on TAG controlled land shortly.


      TAG Oil Ltd.

      TAG Oil Ltd. (http://www.tagoil.com/)" target="_blank" rel="nofollow ugc noopener">http://www.tagoil.com/) is a Canadian-based production and exploration company with operations focused exclusively in New Zealand. With 100% ownership over all its core assets, including extensive oil and gas production infrastructure, TAG is enjoying substantial oil and gas production and reserve growth through development of several light oil and gas discoveries. TAG is also actively drilling high-impact conventional and unconventional exploration prospects identified across more than 2,669,780 net acres of land in New Zealand.


      For further information:

      Dan Brown or Garth Johnson
      Phone: 1-604-682-6496
      Email: info@tagoil.com
      Website: http://www.tagoil.com/
      Blog: http://blog.tagoil.com/

      The resource estimates in this news release were prepared with an effective date of July 31st, 2013. The estimates for Cardiff have been externally prepared by Sproule International Limited and the remaining estimates were prepared by an employee of TAG Oil Ltd. both of which are qualified reserve evaluators in accordance with NI 51-101 and the Canadian Oil and Gas Evaluations Handbook. "
      1 Antwort
      Avatar
      schrieb am 07.10.13 15:16:21
      Beitrag Nr. 58 ()
      Antwort auf Beitrag Nr.: 45.469.429 von Popeye82 am 18.09.13 09:01:34TAG Oil's Cardiff-3 Deep Well Drilling Update and Fracking Consent Granted

      http://news.yahoo.com/tag-oils-cardiff-3-deep-120000099.html
      Avatar
      schrieb am 23.10.13 20:47:14
      Beitrag Nr. 59 ()
      TAG Retains Unconventional Experts &Establishes East Coast Basin Office - Oct 23, 2013
      http://app.quotemedia.com/quotetools/newsStoryPopup.go?story…

      "VANCOUVER, Oct. 23, 2013 /PRNewswire/ - TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), announces that unconventional oil and gas specialists Stephen L. Dutnell, P.E. and David B. Cornue P.G., C.H.M.M., have joined the Company's operational team on a long-term contract basis. Mr. Dutnell and Mr. Cornue will be based in TAG's newly established operational base in the city of Napier on the East Coast of New Zealand's North Island.

      TAG is pursuing the major unconventional resource potential that has been demonstrated by TAG's extensive geotechnical studies and the results of the Ngapaeruru-1 well, drilled in spring, which intersected 155 meters of unconventional oil-and-gas pay in the source rock. The addition of Mr. Dutnell and Mr. Cornue to the Company's operational team, and TAG's newly established East Coast office, will facilitate TAG's expanding operational plans and drilling activity, with a goal of establishing the East Coast Basin's first unconventional oil and gas production.

      Both Mr. Dutnell and Mr. Cornue are highly respected senior petroleum and environmental experts, with extensive experience in all facets of unconventional oil and gas exploration and development. Their collective 57 years of petroleum experience includes work in many unconventional oil and gas developments in the United States, including the Bakken, Eagle Ford, Marcellus and Utica Shale plays.


      David B. Cornue

      Mr. Cornue obtained his Master of Science degree from State University of New York, Stony Brook, and his BA in Geology from the University of Maine. He has managed, performed, or contributed to numerous unconventional oil and gas projects, including the preparation of several environmental manuals specific to oil and gas development prepared for the Department of Energy, National Energy Technology Laboratory, and also the Interstate Oil and Gas Compact Commission. Since 2009 he has represented the Independent Oil and Gas Association of New York in preparing and presenting their formal commentary regarding new regulations applicable to unconventional development. And in February 2012, he was instrumental in a report prepared for the New Zealand Ministry of Economic Development and the Institute of Geological and Nuclear Sciences Limited (GNS Science) for onshore unconventional exploration in New Zealand.


      Stephen L. Dutnell

      Mr. Dutnell has more than 25 years of petroleum related experience. He obtained his B.S. Petroleum Engineering from the University of Louisiana - Lafayette in 1983, and is a registered Professional Engineer in the states of Oklahoma, New York, and Ohio. Most recently, Mr. Dutnell has provided technical support in the permitting of over 100 vertical and horizontal oil and gas wells drilled or to be drilled in the Utica and Marcellus Shale unconventional plays in the Commonwealth of Pennsylvania and the state of Ohio.


      TAG Oil Ltd.

      TAG Oil Ltd. (http://www.tagoil.com/) is a Canadian-based production and exploration company with operations focused exclusively in New Zealand. With 100% ownership over all its core assets, including extensive oil and gas production infrastructure, TAG is enjoying significant organic value creation through development and appraisal drilling of several light oil and gas discoveries and through prospect generation across and extensive acreage position. As New Zealand's leading explorer, TAG actively drills high-impact conventional and unconventional exploration prospects identified in the Taranaki Basin, East Coast Basin and Canterbury Basin that covers more than 2,669,780 net acres of land, prospective for major discovery in New Zealand. "
      Avatar
      schrieb am 24.10.13 03:24:42
      Beitrag Nr. 60 ()
      TAG Oil Announces a $25.000.000 Bought Deal Offering - Oct 23, 2013
      www.marketwired.com/press-release/tag-oil-announces-a-25-mil…

      "TAG Oil Ltd. (the "Company" or "TAG Oil") (TSX:TAO)(OTCQX:TAOIF) is pleased to announce that it has entered into an agreement with Dundee Securities Ltd., on behalf of a syndicate of underwriters co-led by Dundee Securities Ltd. and Casimir Capital Ltd., and including Credit Suisse Securities (Canada) Inc., Cormark Securities Inc., Mackie Research Capital Corporation and M Partners Inc. (collectively, the "Underwriters"), pursuant to which the Underwriters have agreed to purchase, on a bought deal basis for resale to the public, 5,700,000 common shares (the "Common Shares") of the Company at a price of $4.40 per Common Share for aggregate gross proceeds of $25,080,000 (the "Offering").

      The Company has also granted the Underwriters an option to purchase, on the same terms as the Offering, up to an additional 855,000 Common Shares at a price of $4.40 per Common Share for additional gross proceeds of $3,762,000 (the "Over-Allotment Option"). The Over-Allotment Option is exercisable in whole or in part at any time prior to 30 days after the Closing Date (as defined herein). In the event that the option is exercised in its entirety, the aggregate gross proceeds of the Offering will be approximately $28,842,000.


      Net proceeds of the Offering shall be primarily used to:

      - carry out and accelerate Taranaki Basin drilling, completion and commercialization projects, including TAG's deep Kapuni projects;

      - build TAG's East Coast basin unconventional project team;

      - build a longer-term, clearly defined and executable exploration and development program in the East Coast and Canterbury Basins in New Zealand;

      - increase TAG's land position in the East Coast and Taranaki Basins; and

      - for general corporate purposes.


      Closing of the Offering is expected to occur on or about November 13, 2013 (the "Closing Date") and is subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the Toronto Stock Exchange and the securities regulatory authorities.

      The Common Shares will be offered by way of a short form prospectus to be filed in all of the provinces of Canada (other than the Province of Quebec) pursuant to National Instrument 44-101 Short Form Prospectus Distributions and in the United States on a private placement basis pursuant to an exemption from the registration requirements of the United States Securities Act of 1933, as amended.

      This press release is not an offer or a solicitation of an offer of securities for sale in the United States. The Common Shares have not and will not be registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration.


      TAG Oil Ltd.

      TAG Oil Ltd. (http://www.tagoil.com/)" target="_blank" rel="nofollow ugc noopener">http://www.tagoil.com/) is a Canadian-based production and exploration company with operations focused exclusively in New Zealand. With 100% ownership over all its core assets, including extensive oil and gas production infrastructure, TAG is enjoying significant organic value creation through development and appraisal drilling of several light oil and gas discoveries and through prospect generation across an extensive acreage position. As New Zealand's leading explorer, TAG actively drills high-impact conventional and unconventional exploration prospects identified in the Taranaki Basin, East Coast Basin and Canterbury Basin that covers more than 2,669,780 net acres of land, prospective for major discovery in New Zealand.


      Cautionary Note Regarding Forward-Looking Statements:

      Statements contained in this news release that are not historical facts are forward-looking statements that involve various risks and uncertainty affecting the business of TAG. Such statements can generally, but not always, be identified by words such as "expects", "plans", "anticipates", "intends", "estimates", "forecasts", "schedules", "prepares", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur.

      All estimates and statements that describe the Offering, use of proceeds of the Offering, plans to carry out and accelerate Taranaki Basin drilling, complete and commercialization projects, build an exploration and development program in the East Coast and Canterbury and increase TAG's land position, the expected Closing Date and receipt of necessary approvals are forward-looking statements under applicable securities laws and necessarily involve risks and uncertainties. Estimates and statements underlying the Company's objectives, goals, production rates, optimization, infrastructure capacity and/or future plans with respect to drilling involve risks and uncertainties including, without limitation: risks associated with oil and gas exploration, development, exploitation and production, geological risks, marketing and transportation, the risk associated with estimating undiscovered original initially in-place described above, availability of adequate funding, volatility of commodity prices, imprecision of reserve estimates, environmental risks, competition from other producers and changes in the regulatory and taxation environment. Forward-looking statements relating to TAG Oil's exploration and development of its oil and gas properties including with respect to completion of its drilling programs involve risks and uncertainties including, without limitation: risks associated with establishment of additional production of oil and gas in accordance with TAG's expectations at its oil and gas properties, well performance, drilling results, successful completion of new infrastructure at its oil and gas properties, successful optimization, the increase of cash flow from new production, achievement of expected growth, successful results of operations, performance results, prospects and evaluation results.

      While TAG Oil considers these factors and assumptions to be reasonable based on information currently available, they may prove to be incorrect. Actual results may differ materially from the information provided in this release, and there is no representation by TAG that the actual results realized in the future will be the same in whole or in part as those presented herein.

      Other factors that could cause actual results to differ from those contained in the forward-looking statements are also set forth in filings that TAG and its independent evaluator have made, including TAG Oil's most recently filed reports in Canada under National Instrument 51-101, which can be found under TAG Oil's SEDAR profile at www.sedar.com.

      TAG Oil undertakes no obligation, except as otherwise required by law, to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors change.


      Contact Information

      TAG Oil Ltd.
      Dan Brown or Garth Johnson
      1-604-682-6496
      info@tagoil.com
      Website: http://www.tagoil.com/
      Blog: http://blog.tagoil.com/ "
      Avatar
      schrieb am 19.02.14 19:16:13
      Beitrag Nr. 61 ()
      ...jetzt gehts los - Schweizer Bank erhöht Kursziel!
      Ergebnis und Umsatz massiv gestiegen - ;):D:D:cool::D:D:)
      Avatar
      schrieb am 20.02.14 19:33:51
      Beitrag Nr. 62 ()
      FWIW, according to a Reuters report I got yesterday, of six analysts, 2 are strong buy, 2 buy, 1 hold and 1 sell. Their targets range from a low of $4.50 to a high of $8.00 with a mean of $6.30.
      Read more at http://www.stockhouse.com/companies/bullboard/t.tao/tag-oil-…
      Avatar
      schrieb am 25.02.14 18:16:16
      Beitrag Nr. 63 ()
      Rig updates
      From Energynews.co.nz

      Felicity Wolfe Mon, 24 Feb 2014
      Webster Drilling Nova-1
      Where: Cheal G
      Operator: TAG Oil
      Programme:
      The Nova-1 is expected to complete TAG Oil's Cheal G drilling programme by the end of the week, TAG chief operating officer Drew Cadenhead says.
      The rig has drilled to 1,700 metres at the Cheal G3 well, which has a target depth of around 2,000 metres. Cadenhead says this should be reached within three days.
      Once it completes the Cheal G drilling programme, TAG plans to move the rig to its Southern Cross permit, PEP 54876.

      Chuanqing rig-43
      Where: Cheal C
      Operator: TAG Oil
      Programme:
      The Chuanqing rig-43 is stacked at the Cheal-C site and is awaiting the outcome of an Environment Court appeal of TAG Oil's Heatseeker drilling consents.
      The rig's drill crews have been laid off due to the uncertain timeframes around the appeal process and when drilling can restart.
      Heatseeker is the second of three deep gas wells the firm plans in Taranaki. Drilling of Cardiff-3 finished in late January with all three deep target zones penetrated. The well has been fully cased to a total depth of 4,863 metres, with packer and tubing also set inside the casing.

      Read more at http://www.stockhouse.com/companies/bullboard/t.tao/tag-oil-…
      Avatar
      schrieb am 27.02.14 15:26:40
      Beitrag Nr. 64 ()
      Reporting on the Cardiff-3 deep gas well
      Thursday, Feb 27, 2014

      TAG Oil set out to establish a strong foundation (both operationally and financially) on its Taranaki shallow oil and gas opportunities, and with 31 successful wells in just a few years, we're pretty happy with how that's gone. But those of you who have been with us for awhile, know that we've also had an eye on prospects with even greater potential, such as the East Coast Basin's unconventional oil, and the Taranaki Basin's deep Eocene-level oil and gas.

      In the current quarter, TAG successfully drilled, logged and cased its first deep Eocene well, Cardiff-3, which went to 4,863 meters depth, and intersected 45 meters (148 feet) of potential pay in the successful Kapuni Sands Formation. (We say "successful" because the Kapuni is a proven, strong producer elsewhere in the Taranaki, and its discovery by BP Shell Todd launched a new energy era for New Zealand a few decades ago.) And in the hopes of launching the next era in New Zealand energy, we're prepping to test Cardiff-3 in the near future.

      Our shallow drilling program is still intrinsic to TAG's short and long-term success, but the goal with deep drilling is to capture reserves many times larger than what's possible with shallow Miocene drilling. An independent assessment by Sproule International Limited (effective 7/31/13) estimated the undiscovered resource potential on the Cardiff prospect on a P50 basis at 160 billion cubic feet gas and 5.59 million barrels of natural gas liquids.* Time will tell!

      Source: TAG Oil
      Avatar
      schrieb am 12.03.14 15:09:33
      Beitrag Nr. 65 ()
      Tag Oil

      Gute Zeiten voraus - rechne mit 50 - 100% Kursanstieg kurzfristig.

      ;):D:)




      March 2014 Energy Wrap

      By Neil Ritchie

      The scheduled arrival in New Zealand waters during late March of the jack-up Ensco Rig 107 will complete the four-strong drilling contingent currently in the country.

      The Ensco rig will join the deepwater drillship Noble Bob Douglas, which has virtually finished drilling the Caravel-1 “wildcat” well off Otago, the semi-submersible rig Kan Tan IV, currently drilling the Pateke-4H “infill” well off Taranaki, and the Archer Emerald modular offshore drilling unit that is still on the offshore Taranaki Maui A platform.

      The jack-up rig is being loaded onto the heavy lift vessel, the Talisman, in Singapore and, on arrival in New Zealand waters, is due to head to the sheltered Admiralty Bay in the Marlborough Sounds for offloading and then towing by its support vessels to offshore Taranaki.

      Once off Taranaki it is due to start an extended development campaign for Maari oil field operator Austrian giant OMV and its partners lasting at least nine months. Afterwards other joint ventures may also utilise the rig for their exploration, and possibly appraisal, wells off Taranaki and perhaps in other geological basins.

      The 107 is no stranger to this country, having spent about two years in New Zealand waters for various joint ventures in various basins from early 2008 to late 2010.

      While there is no word yet regarding the results of the Archer Emerald programme, or whether Caravel-1 has struck any worthwhile hydrocarbons, Pateke-4H has had oil shows in the Kapuni Formation F sands where an oil-bearing reservoir is likely to have been encountered.

      Meanwhile, onshore activity continues in Taranaki and elsewhere – from preliminary land surveying for future seismic surveys to more development drilling.

      Todd Energy’s new $42 million Bentec Euro Rig 450t started its first well, Mangahewa-16 at the Mangahewa D wellsite on February 11 and is likely to reach the total deviated target depth, of up to 5500 metres, before the end of the month.

      And the Canadian listed juniors TAG Oil, East West Petroleum and New Zealand Energy Corp continue their respective onshore exploration and development programmes around Taranaki, as does UK-listed Kea Petroleum.

      TAG and East West should start their first well near Wharehuia, Southern Cross-1, by the end of the March, while TAG alone should start hydraulic fracturing the more southern nearby Cardiff-3 deep gas well, beginning with the perforation of the K3E sands, the deepest of three potential test zones within the Eocene-aged Kapuni Group Formation, before the end of the month.

      As well as now producing light, high-quality oil from nine wells in its onshore Taranaki licences, NZEC is also preparing four further wells for future production.

      It has completed workover activities on Waitapu-2 and that well should be starting production, with testing of the resultant hydrocarbon flows, from mid-March. Waitapu is NZEC’s second discovery after its initial Copper Moki find in licence PEP 51150 (Eltham).

      NZEC and joint venture partner L&M Energy are continuing investigating ways to bring some virtually abandoned wells, plus others, back to full production in the nearby Tariki, Waihapa, Ngaere (TWN) licences.

      They have identified cost saving opportunities at the Waihapa-8 well and are installing a dedicated downhole pump for artificial lift, heating gas at the wellhead and using existing gas lift. Increased production from this well is expected from late March. If successful, this should result in savings of approximately NZ$400,000 per annum.

      The TWN partners are also evaluating bringing back production from the Tikorangi Formation at the virtually abandoned Waihapa-1B well. An uphole completion in the shallower Mount Messenger Formation is also possible. Artificial lift facilities are also being installed at the Waihapa-2 well, with production from the Mt Messenger Formation anticipated by April.

      In addition, the TWN joint venture has entered into an agreement with an un-named gas marketing “counterparty” to transport gas along a section of the TWN gas pipeline for four years, with a five-year right of renewal. This is expected to generate between NZ$0.5-2million of revenue per year.

      And two senior NZEC executives – Ian Brown, head of Wellington subsidiary Ian Brown & Associates, and Bruce McIntyre, Canadian company president -- have taken early retirement, though McIntyre will remain on the NZECC board and Brown will act as an advisor.

      This cost-cutting exercise is in addition to country manager and industry veteran Chris Bush resigning to be effectively replaced by Petroleum Exploration and Production Association of New Zealand chief executive David Robinson from May.

      Finally, Kea Petroleum is making more money, though it still struggles sometimes with Taranaki’s complex geology.

      The company saw a huge improvement in revenues for the half-year to November 30, 213, which spiked to £1.2 million (almost NZ$2.4 million) from only £382,000 for the corresponding previous six months. Gross profits climbed to £739,000 from £180,000.

      But it says that evaluation of the results of last year’s 3D seismic survey of its Puka discovery, shows both the Puka-1 and 2 wells were drilled on the edge of the channel fairway. Future wells will now aim to drill for better sands in the main channel.

      Kea is still interpreting 3D data from the Mercury Prospect in the northern onshore-offshore licence lease PEP 52333 where it still wants to drill later this year, while it wants a work programme extension for its more remote northern onshore-offshore licence PEP 381204 where it drilled the Mauku-1 exploration well.
      Avatar
      schrieb am 04.04.14 21:47:03
      Beitrag Nr. 66 ()
      Plus 10% in Kanada = Startschuss für weiteren Kursanstieg in den nächsten Wochen!
      Endlich startet der Wert
      Avatar
      schrieb am 29.04.14 15:01:38
      Beitrag Nr. 67 ()
      Der Kursanstieg hat noch nicht das Niveau erreicht welches die Aktie verdient - da muss einer drücken anders verstehe ich nicht, dass wir noch nicht deutlich über 4 stehen - - - wird noch kommen, bin ich mir recht sicher. ;):cool::)
      Avatar
      schrieb am 13.05.14 20:06:50
      Beitrag Nr. 68 ()
      Habe gelesen Tag Oil hat einen Joker im Ärmel was die Trefferquote bei Bohrungen betrifft.
      Avatar
      schrieb am 01.07.14 18:11:22
      Beitrag Nr. 69 ()
      TAG Oil Ends Year With Record Production and Revenue
      Vancouver, B.C. – June 30, 2014 – TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), reports the Company has filed its audited consolidated financial statements, management discussion and analysis, annual information form and information pursuant to the requirements of National Instrument 51-101 – Standards for Disclosure of Oil and Gas Activities with the Canadian Securities Administrators relating to reserves data and other oil and gas information for the Company’s March 31, 2014 fiscal year-end. Copies of these documents can be obtained electronically at http://www.sedar.com. For additional information, please visit TAG Oil’s website at http://www.tagoil.com/.
      Garth Johnson, TAG Oil’s CEO commented, “We are all proud of our successful year achieving record cash flow provided from our producing assets and adding a new oil discovery and development area at Greater Cheal. This coming year’s $60 million capital program is sure to be exciting for us all, which includes low-risk development drilling to maintain and exceed current production, combined with high-impact exploration drilling, providing near term catalysts to capture new reserves. Our major infrastructure investment in the previous year — and maintaining 100% ownership of all these production facilities and associated pipeline infrastructure in the Taranaki Basin on the TAG-operated Cheal, Cardiff and Sidewinder oil and gas fields — is paying off, by ensuring we can commercialize all discoveries and developments expeditiously, allowing TAG to capitalize on the high netback production being achieved.”
      Avatar
      schrieb am 03.07.14 22:15:57
      Beitrag Nr. 70 ()
      Experienced Oil and Gas Executive Joins TAG in New Zealand
      Vancouver, B.C. – July 3, 2014 – TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), reports the Company has hired Mr. Max Murray as TAG Oil’s New Zealand Country Manager, based in New Plymouth, New Zealand. Mr. Murray will replace Mr. Randy Toone who has resigned to return to Canada for personal reasons and to focus on mid-stream business opportunities in North America.

      Mr. Murray’s thirty years of operational and proven executive leadership in the oil and gas industry, and in particular his thorough understanding of the New Zealand oil and gas landscape, is a strong fit for TAG as the Company evolves from a junior explorer into one of the busiest integrated explorers and producers of oil and gas in New Zealand.

      Over the past six years with Origin Energy, Mr. Murray has achieved consistent progression of executive growth; his most recent position as Manager Production Upstream E&P and Senior in Country Manager for New Zealand saw him accountable for the safe and efficient operation of all Origin producing assets across Australia and New Zealand. With an annual Origin operating budget of more than AUS$300 million, revenues of $600 million and capital expenditure of AUS$130 million, Mr. Murray has a proven track record of successful leadership. Prior to Origin, Mr. Murray has held senior positions with Swift Energy New Zealand, Ras Laffan Liquefied Natural Gas Co. Ltd., and Methanex New Zealand.

      Mr. Murray will be accountable for all TAG’s New Zealand based operations and executing the Company’s annual, three and five year business plans, as well as identifying new opportunities to accelerate business growth. Mr. Murray has extensive experience ensuring operations are consistently performed safely and to a high standard, and vital to TAG, underpinned by the Company’s core values. His background in Health, Safety and Environmental best practice is evidenced by Mr. Murray’s appointment to the Worksafe New Zealand advisory panel.

      TAG Oil CEO Garth Johnson commented, “I would like to thank Randy for his efforts wish him all the best in his future endeavours and, including the implementation of newly adapted best practice management systems, significantly improving the Company’s effectiveness. We are also very happy to welcome Max to the TAG team. With a $60 million capital investment program already underway for fiscal 2015, Max’s leadership will enable TAG to continue to grow safely yet at a very quick pace.”

      The Company also announces that it will grant a total of 200,000 incentive stock options to Mr. Murray when he begins his employment with TAG on September 1, 2014 at market price the day prior to his start, exercisable for a period of five years, subject to certain vesting provisions.
      About TAG Oil Ltd.
      TAG Oil Ltd. (http://www.tagoil.com/) is a Canadian-based production and exploration company with operations focused exclusively in New Zealand. With 100% ownership over all its core assets, including extensive oil and gas production infrastructure, TAG is enjoying significant organic value creation through exploration success and ongoing development and appraisal drilling of several light oil and gas discoveries. As New Zealand's leading explorer, TAG actively drills high-impact conventional and unconventional exploration prospects identified in the Taranaki, East Coast and Canterbury Basins that covers 2.8 million net acres of land, prospective for major discovery in New Zealand.
      Avatar
      schrieb am 17.08.14 02:36:30
      Beitrag Nr. 71 ()
      Wieder gute Zahlen veröffentlicht - der Kurs kann nun jeder Zeit ausbrechen!
      Avatar
      schrieb am 03.10.14 18:11:06
      Beitrag Nr. 72 ()
      Na - eine Gute Sache braucht eine Zeit aber nun dürfte der Turnaround beginnen.
      Bis Jahresende sollten wir hier ein dickes Plus einfahren, denn die Aktie ist zur Zeit unterbewertet und wird jetzt wieder entdeckt.
      Avatar
      schrieb am 03.10.14 18:13:20
      Beitrag Nr. 73 ()
      Muss mal ein Börsenbrief was schreiben damit es richtig up geht - die Aktie ist es wert!!!
      Avatar
      schrieb am 23.01.16 16:36:35
      Beitrag Nr. 74 ()
      soeben in einem Börsenbrief vorgekommen ;-))
      1 Antwort
      Avatar
      schrieb am 25.01.16 14:04:44
      Beitrag Nr. 75 ()
      Antwort auf Beitrag Nr.: 51.563.586 von reyna am 23.01.16 16:36:35Welcher Brief und wann genau - kannst du evtl. einen Link reinstellen - Danke
      Avatar
      schrieb am 07.06.16 17:08:05
      Beitrag Nr. 76 ()
      Irgendwie habe ich das Gefühl, dass hier bald wieder interessante Nachrichten kommen - sehr bald.
      Nehme vorsichtshalber mal eine Position ins Depot.
      Avatar
      schrieb am 07.06.16 17:14:08
      Beitrag Nr. 77 ()
      Aktuell hat man hat 70% eines Ölfeldes übernommen - ein Schnäpchen
      Nicht schlecht - für einen Apfel und ein Ei haben die sich 70 % im Takarnari Becken unter den Nagel gerissen - mehr bitte hier nachlesen:

      http://www.rigzone.com/144903/TAG_Oil_Gets_Approval_to_Take_…
      2 Antworten
      Avatar
      schrieb am 07.06.16 17:16:38
      Beitrag Nr. 78 ()
      Avatar
      schrieb am 07.06.16 17:21:48
      Beitrag Nr. 79 ()
      Ist der Wurm drin - hier der original Text:


      TAG Oil Gets Approval to Take 70% Operating Stake in NZ's PEP51153
      by Rigzone Staff|Monday, June 06, 2016

      Australia's MEO Australia Ltd. reported Monday that Canada's Australasia-focused oil and gas production firm TAG Oil Ltd. would take over a 70 percent operating stake in petroleum exploration permit (PEP) 51153 in New Zealand's Taranaki Basin from Kea Petroleum Ltd.'s sale.

      MEO, which has a 30 percent interest in the PEP51153 joint venture, revealed previously that Kea’s liquidators had entered into a conditional agreement for the sale of its interest in PEP51153 to an existing Operator in the region. TAG already has a presence in New Zealand, with a 100 percent interest in Cheal oil field located 4.3 miles (7 kilometers) west of PEP51153.

      "TAG Oil Ltd. has acquired Kea’s interest in PEP51153 and that all conditions precedent related to the acquisition have been satisfied, including New Zealand regulatory approval of TAG assuming Operatorship of the permit," MEO said in the press release.

      MEO revealed that the PEP51153 joint venture will work to define in detail the work program for the remainder of 2016 and the forward plan for the acreage. Near term activity will focus on the collection of gravity data, seismic interpretation and the potential to capture operational synergies with TAG.

      “MEO sees significant potential value in the PEP51153 permit and welcomes TAG as a low cost Operator with its extensive technical and operations experience in the Taranaki Basin. Having an Operator with TAG’s established local footprint offers the potential for significant operational synergies, helping to ensure that the hydrocarbon potential of the permit can be unlocked in an efficient and cost effective manner. In addition, the revisions to the minimum work program provide the PEP51153 Joint Venture with the necessary flexibility to design and implement the optimal work program to assess the hydrocarbon potential of the permit,” MEO’s CEO and Managing Director Peter Stickland said in the press release.
      Avatar
      schrieb am 07.06.16 18:22:02
      Beitrag Nr. 80 ()
      Nicht zu vergessen - Tag Oil hat sehr niedrige Produktionskosten!
      Avatar
      schrieb am 07.06.16 18:25:01
      Beitrag Nr. 81 ()
      Für mich ist der Startschuss gefallen - sehe die aktuellen Kurse als sehr günstig zum Einstieg.
      Avatar
      schrieb am 07.06.16 18:27:22
      Beitrag Nr. 82 ()
      Die haben keine Schulden sondern Geld in der Kasse und schöne Öl/Gasfelder.
      Bin hier seit Jahren dran - manchmal braucht man etwas Geduld!
      Avatar
      schrieb am 10.10.16 09:32:56
      Beitrag Nr. 83 ()
      Schnell nachgelegt - dieser Öl wert könnte in der nächsten Zeit eine super Performance hinlegen.
      Schaut euch den Langfrist Chart an.
      Avatar
      schrieb am 01.12.16 12:23:49
      Beitrag Nr. 84 ()
      Tag Oil wird den Turbo einschalten!
      Die aktuelle Entwicklung bei den Öl Preisen mit dem Hintergrund massiver Förderkürzungen sollte den Turbo bei Tag Oil einschalten. Ab jetzt kräftiges Aufwärtspotential. :):cool::)
      1 Antwort
      Avatar
      schrieb am 01.12.16 12:24:52
      Beitrag Nr. 85 ()
      Das wird der Turnaround in 2017.
      Avatar
      schrieb am 01.12.16 12:27:59
      Beitrag Nr. 86 ()
      Bin mal gespannt wie lange es dauert, bis die ersten Kollegen hier wieder den Kopf rein stecken und wenn der Kurs schon kräftig gestiegen ist, mit der Werbetrommel beginnen und die Phase 2 einläuten.
      Avatar
      schrieb am 08.12.16 11:40:32
      Beitrag Nr. 87 ()
      VANCOUVER, Dec. 6, 2016

      VANCOUVER, Dec. 6, 2016 /PRNewswire/ - Oil and gas exploration and production company, TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF, "TAG"), announces successful initial flow testing at the Cardiff field and further information on its Supplejack-1 well flow testing program.
      Avatar
      schrieb am 11.12.16 13:11:22
      Beitrag Nr. 88 ()
      Antwort auf Beitrag Nr.: 53.807.448 von blue-moon am 01.12.16 12:23:49
      Und es wird noch besser
      Zitat von blue-moon: Die aktuelle Entwicklung bei den Öl Preisen mit dem Hintergrund massiver Förderkürzungen sollte den Turbo bei Tag Oil einschalten. Ab jetzt kräftiges Aufwärtspotential. :):cool::)


      Zitat Spiegel Online, vom Samstag:
      "Mit einem historischen Schulterschluss wollen das Ölkartell Opec und viele andere Förderländer gemeinsam die Preise für Rohöl weiter nach oben treiben. Die Organisation erdölexportierender Länder (Opec) und rund ein Dutzend Nicht-Opec-Länder einigten sich am Samstag in Wien auf eine weitere Kürzung der Ölförderung um 558.000 Barrel (je 159 Liter) am Tag. Das berichtete der Ölminister Katars, Mohammed Bin Saleh Al-Sada. Russland als aktuell größter Ölproduzent wollte nach bisherigen Angaben allein 300.000 Barrel weniger produzieren."

      siehe auch hier:

      http://www.finanzen.net/nachricht/rohstoffe/Historische-Ents…
      Avatar
      schrieb am 15.12.16 20:33:09
      Beitrag Nr. 89 ()
      VANCOUVER, Dec. 8, 2016 /CNW/ - TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF, "TAG"), reports that the Toronto Stock Exchange (the "TSX") has approved TAG's request to renew its normal course issuer bid to purchase and cancel up to 2,000,000 of its common shares, which is 3.9% of its 51,023,013 common shares in the public float as at December 8, 2016. TAG has appointed Echelon Wealth Partners to conduct the purchases through the facilities of the TSX.

      While TAG plans to spend the bulk of its capital on its current asset base, TAG would also like to maintain the flexibility to repurchase shares in the event its share price does not reflect the underlying value of TAG.
      Avatar
      schrieb am 15.12.16 20:37:15
      Beitrag Nr. 90 ()
      Meine Aktie für 2017
      Könnte bald starten - die Daten stimmen sonst würde man wohl kaum die eigenen Aktien zurück kaufen. ;):cool::)

      - keine Schulden
      - Öl und Gas en Mass
      - volle Kassen
      - in stabilster Polit. Region

      Solide aber mit 3 Stelligem % tualem Potential!
      imo
      Avatar
      schrieb am 15.12.16 20:54:28
      Beitrag Nr. 91 ()
      Antwort auf Beitrag Nr.: 52.561.229 von blue-moon am 07.06.16 17:14:08
      Zitat von blue-moon: Nicht schlecht - für einen Apfel und ein Ei haben die sich 70 % im Takarnari Becken unter den Nagel gerissen - mehr bitte hier nachlesen:

      http://www.rigzone.com/144903/TAG_Oil_Gets_Approval_to_Take_…


      Respekt... wenn trotz Investitionen ins operative Geschäft auch noch überschüssiges Geld für ein ARP vorhanden ist!

      Danke für deine Infos blue-moon...

      Immer wieder interessant! :)
      1 Antwort
      Avatar
      schrieb am 31.12.16 10:42:04
      Beitrag Nr. 92 ()
      "2017 wird eine Party für Tag Oil !!!




      Guten Rutsch !
      Avatar
      schrieb am 02.01.17 11:28:55
      Beitrag Nr. 93 ()
      Antwort auf Beitrag Nr.: 53.897.556 von ixurt am 15.12.16 20:54:28Der Link funz nicht mehr - hier der Text :

      TAG Oil Gets Approval to Take 70% Operating Stake in NZ's PEP51153

      Australia's MEO Australia Ltd. reported Monday that Canada's Australasia-focused oil and gas production firm TAG Oil Ltd. would take over a 70 percent operating stake in petroleum exploration permit (PEP) 51153 in New Zealand's Taranaki Basin from Kea Petroleum Ltd.'s sale.

      MEO, which has a 30 percent interest in the PEP51153 joint venture, revealed previously that Kea’s liquidators had entered into a conditional agreement for the sale of its interest in PEP51153 to an existing Operator in the region. TAG already has a presence in New Zealand, with a 100 percent interest in Cheal oil field located 4.3 miles (7 kilometers) west of PEP51153.

      "TAG Oil Ltd. has acquired Kea’s interest in PEP51153 and that all conditions precedent related to the acquisition have been satisfied, including New Zealand regulatory approval of TAG assuming Operatorship of the permit," MEO said in the press release.

      MEO revealed that the PEP51153 joint venture will work to define in detail the work program for the remainder of 2016 and the forward plan for the acreage. Near term activity will focus on the collection of gravity data, seismic interpretation and the potential to capture operational synergies with TAG.

      “MEO sees significant potential value in the PEP51153 permit and welcomes TAG as a low cost Operator with its extensive technical and operations experience in the Taranaki Basin. Having an Operator with TAG’s established local footprint offers the potential for significant operational synergies, helping to ensure that the hydrocarbon potential of the permit can be unlocked in an efficient and cost effective manner. In addition, the revisions to the minimum work program provide the PEP51153 Joint Venture with the necessary flexibility to design and implement the optimal work program to assess the hydrocarbon potential of the permit,” MEO’s CEO and Managing Director Peter Stickland said in the press release.

      ;):cool::)
      Avatar
      schrieb am 02.01.17 11:30:07
      Beitrag Nr. 94 ()
      Unter uns: ein Kurssprung ist hier überfällig! imo
      Avatar
      schrieb am 02.01.17 11:34:19
      Beitrag Nr. 95 ()
      Es ist Zeit, dass meine Lieblings Öl und Gas Aktie kräftig zulegt
      Die sind so was von unterbewertet - da könnte man fast vom Geheimtipp 2017 sprechen :yawn:
      3 Antworten
      Avatar
      schrieb am 16.01.17 14:29:22
      Beitrag Nr. 96 ()
      Etwas ungeduldig bin ich schon - die Daten stimmen - Öl steigt - weit weg von den Kontinenten wo eine Krise die nächste jagt - und besonders weit weg von Trumpy! :laugh::laugh::laugh:

      Trotzdem springt das Teil nicht an - wie sagen die Indianer: Will Pferd nicht laufen nimm den Adler :D
      Avatar
      schrieb am 25.01.17 21:57:24
      Beitrag Nr. 97 ()
      Antwort auf Beitrag Nr.: 53.990.249 von blue-moon am 02.01.17 11:34:19
      Geheimtipp... dass trifft es wohl... nur vier Aufrufe heute
      auch in Kanada
      beträgt das 3monatliche Umsatzvolumen zur Zeit gerade mal 40.000 Shares.
      Gestern allerdings ein Vielfaches davon.
      Bin auf den GB am 31.3 gespannt :)
      2 Antworten
      Avatar
      schrieb am 25.01.17 23:59:00
      Beitrag Nr. 98 ()
      Antwort auf Beitrag Nr.: 54.166.658 von ixurt am 25.01.17 21:57:24
      Zitat von ixurt: auch in Kanada
      beträgt das

      """3monatliche Umsatzvolumen"""

      zur Zeit gerade mal 40.000 Shares.

      Gestern allerdings ein Vielfaches davon.
      Bin auf den GB am 31.3 gespannt :)



      meinte natürlich das kanadische

      "Dreimonatsdurchschnittsumsatzvolumen"

      von unserer Tag Oil- Aktie...

      https://ca.finance.yahoo.com/quote/TAO.TO/?p=TAO.TO
      1 Antwort
      Avatar
      schrieb am 26.01.17 10:23:15
      Beitrag Nr. 99 ()
      Antwort auf Beitrag Nr.: 54.167.270 von ixurt am 25.01.17 23:59:00Das Jahr hat gerade begonnen - ich gebe Tag eine Chance.
      Avatar
      schrieb am 17.02.17 15:19:08
      Beitrag Nr. 100 ()
      oh je - 17%
      was ist passiert?
      Avatar
      schrieb am 19.05.17 20:50:54
      Beitrag Nr. 101 ()
      Password:


      Save







      TAG Oil Ltd (2)
      Symbol C : TAO
      Shares Issued 85,282,252
      Close 2017-04-28 C$ 0.58
      Recent Sedar Documents
      View Original Document







      TAG Oil to pay 0.0326 Coronado share dividend May 25



      2017-04-28 09:17 ET - News Release



      Mr. Chris Beltgens reports

      TAG OIL ANNOUNCES DIVIDEND OF COMMON SHARES OF CORONADO RESOURCES LTD.

      TAG Oil Ltd. will distribute approximately 2,785,029 common shares of Coronado Resources Ltd. to its shareholders of record at the close of business on May 9, 2017. The ex distribution date will be May 5, 2017, and the payment or distribution date of the dividend will be on or about May 25, 2017.

      Upon completion of the dividend, TAG Oil's shareholders will receive approximately 0.0326 of a Coronado share for each common share of TAG Oil held as of the record date.

      Coronado Resources is a Canadian-domiciled publicly traded company that recently disposed of its hydroelectric and mining assets, and the Coronado shares are listed on the NEX board of the TSX Venture Exchange under the symbol CRD.H. The NEX board is part of the TMX Group and is a unique trading platform for companies seeking new business opportunities and looking to ultimately graduate to the TSX Venture Exchange or the Toronto Stock Exchange main board.

      The Coronado shares that will be distributed as part of the dividend are not an eligible dividend for the purposes of the Income Tax Act (Canada), and TAG Oil's shareholders are cautioned to seek the advice of their own taxation and legal advisers.

      The company has engaged Computershare Investor Services Inc. to distribute the securities representing a TAG Oil shareholder's applicable portion of the dividend to the addresses shown on the register of the company's shareholders maintained by Computershare. Fractional Coronado shares will not be distributed, and the number of Coronado shares to be distributed will be rounded down to the nearest whole number of Coronado shares.

      Computershare may be contacted at 1-800-564-6253 (inside North America) or 1-514-982-7555 (outside North America), or by e-mail to the corporateactions@computershare.com.

      About TAG Oil Ltd.

      TAG Oil is a development-stage international oil and gas producer with established high netback production, development and exploration assets, including production infrastructure in New Zealand and Australia. TAG Oil is poised for significant reserve and production growth with several oil and gas fields under development and high-impact exploration in proven oil and gas fairways. TAG Oil is debt free.

      We seek Safe Harbor.

      © 2017 Canjex Publishing Ltd. All rights reserved.
      Avatar
      schrieb am 19.05.17 20:53:32
      Beitrag Nr. 102 ()
      http://www.wallstreet-online.de/aktien/coronado-resources-1-…

      scheinbar ist der Handel seit Februar ausgesetzt.
      Avatar
      schrieb am 19.05.17 20:54:40
      Beitrag Nr. 103 ()
      Password:


      Save







      TAG Oil Ltd (2)
      Symbol C : TAO
      Shares Issued 85,282,252
      Close 2017-04-28 C$ 0.58
      Recent Sedar Documents
      View Original Document







      TAG Oil to pay 0.0326 Coronado share dividend May 25



      2017-04-28 09:17 ET - News Release



      Mr. Chris Beltgens reports

      TAG OIL ANNOUNCES DIVIDEND OF COMMON SHARES OF CORONADO RESOURCES LTD.

      TAG Oil Ltd. will distribute approximately 2,785,029 common shares of Coronado Resources Ltd. to its shareholders of record at the close of business on May 9, 2017. The ex distribution date will be May 5, 2017, and the payment or distribution date of the dividend will be on or about May 25, 2017.

      Upon completion of the dividend, TAG Oil's shareholders will receive approximately 0.0326 of a Coronado share for each common share of TAG Oil held as of the record date.

      Coronado Resources is a Canadian-domiciled publicly traded company that recently disposed of its hydroelectric and mining assets, and the Coronado shares are listed on the NEX board of the TSX Venture Exchange under the symbol CRD.H. The NEX board is part of the TMX Group and is a unique trading platform for companies seeking new business opportunities and looking to ultimately graduate to the TSX Venture Exchange or the Toronto Stock Exchange main board.

      The Coronado shares that will be distributed as part of the dividend are not an eligible dividend for the purposes of the Income Tax Act (Canada), and TAG Oil's shareholders are cautioned to seek the advice of their own taxation and legal advisers.

      The company has engaged Computershare Investor Services Inc. to distribute the securities representing a TAG Oil shareholder's applicable portion of the dividend to the addresses shown on the register of the company's shareholders maintained by Computershare. Fractional Coronado shares will not be distributed, and the number of Coronado shares to be distributed will be rounded down to the nearest whole number of Coronado shares.

      Computershare may be contacted at 1-800-564-6253 (inside North America) or 1-514-982-7555 (outside North America), or by e-mail to the corporateactions@computershare.com.

      About TAG Oil Ltd.

      TAG Oil is a development-stage international oil and gas producer with established high netback production, development and exploration assets, including production infrastructure in New Zealand and Australia. TAG Oil is poised for significant reserve and production growth with several oil and gas fields under development and high-impact exploration in proven oil and gas fairways. TAG Oil is debt free.

      We seek Safe Harbor.

      © 2017 Canjex Publishing Ltd. All rights reserved.
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      schrieb am 19.05.17 20:57:02
      Beitrag Nr. 104 ()
      http://www.coronadoresourcesltd.com/index.html


      die Homepage sieht ja auch nicht gerade einladen aus.
      Avatar
      schrieb am 19.05.17 20:58:00
      Beitrag Nr. 105 ()
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      TAG Oil Ltd (2)
      Symbol C : TAO
      Shares Issued 85,282,252
      Close 2017-04-28 C$ 0.58
      Recent Sedar Documents
      View Original Document







      TAG Oil to pay 0.0326 Coronado share dividend May 25



      2017-04-28 09:17 ET - News Release



      Mr. Chris Beltgens reports

      TAG OIL ANNOUNCES DIVIDEND OF COMMON SHARES OF CORONADO RESOURCES LTD.

      TAG Oil Ltd. will distribute approximately 2,785,029 common shares of Coronado Resources Ltd. to its shareholders of record at the close of business on May 9, 2017. The ex distribution date will be May 5, 2017, and the payment or distribution date of the dividend will be on or about May 25, 2017.

      Upon completion of the dividend, TAG Oil's shareholders will receive approximately 0.0326 of a Coronado share for each common share of TAG Oil held as of the record date.

      Coronado Resources is a Canadian-domiciled publicly traded company that recently disposed of its hydroelectric and mining assets, and the Coronado shares are listed on the NEX board of the TSX Venture Exchange under the symbol CRD.H. The NEX board is part of the TMX Group and is a unique trading platform for companies seeking new business opportunities and looking to ultimately graduate to the TSX Venture Exchange or the Toronto Stock Exchange main board.

      The Coronado shares that will be distributed as part of the dividend are not an eligible dividend for the purposes of the Income Tax Act (Canada), and TAG Oil's shareholders are cautioned to seek the advice of their own taxation and legal advisers.

      The company has engaged Computershare Investor Services Inc. to distribute the securities representing a TAG Oil shareholder's applicable portion of the dividend to the addresses shown on the register of the company's shareholders maintained by Computershare. Fractional Coronado shares will not be distributed, and the number of Coronado shares to be distributed will be rounded down to the nearest whole number of Coronado shares.

      Computershare may be contacted at 1-800-564-6253 (inside North America) or 1-514-982-7555 (outside North America), or by e-mail to the corporateactions@computershare.com.

      About TAG Oil Ltd.

      TAG Oil is a development-stage international oil and gas producer with established high netback production, development and exploration assets, including production infrastructure in New Zealand and Australia. TAG Oil is poised for significant reserve and production growth with several oil and gas fields under development and high-impact exploration in proven oil and gas fairways. TAG Oil is debt free.

      We seek Safe Harbor.

      © 2017 Canjex Publishing Ltd. All rights reserved.
      Avatar
      schrieb am 25.05.17 15:35:40
      Beitrag Nr. 106 ()
      http://www.newswire.ca/news-releases/tag-oil-completes-payme…

      VANCOUVER, May 25, 2017 /CNW/ - TAG Oil Ltd. (the "Company" or "TAG Oil") (TSX: TAO and OTCQX: TAOIF) announces that the Company has completed the distribution of its approximately 2,785,029 Coronado Resources Ltd.'s ("Coronado") common shares (the "Coronado Shares") to its shareholders of record (the "Dividend") at the close of business on May 9, 2017 (the "Record Date"). TAG Oil's shareholders received approximately 0.0326 of a Coronado Share for each common share of TAG Oil held as of the Record Date.

      The 2,785,017 Coronado Shares distributed by the Company pursuant to the Dividend represent approximately 49.19% of the total issued and outstanding Coronado Shares as of May 25, 2017. Immediately prior to the Dividend, the Company owned 2,785,029 Coronado Shares, which represented approximately 49.19% of the total issued and outstanding Coronado Shares as of May 25, 2017. Following completion of the Dividend, the Company will own 12 Coronado Shares representing approximately 0.0000021% of all issued and outstanding Coronado Shares (due to fractional Coronado Shares not being distributed, and the number of Coronado Shares that were distributed being rounded down to the nearest whole number of Coronado Shares).

      As a result of TAG Oil's distribution of the Coronado Shares, the Company has ceased to be a control person of Coronado and Coronado is no longer a controlled subsidiary of TAG Oil. TAG Oil does not intend to increase its beneficial ownership of Coronado Shares whether in the open market, by privately negotiated agreement or otherwise.

      Coronado is a Canadian domiciled publicly traded company that recently disposed of its power generation and mining assets, and the Coronado Shares are listed on the NEX board of the TSX Venture Exchange ("TSX-V") under the symbol "CRD.H", and on the OTC under the symbol "CRDAF". The NEX board is part of the TMX Group and is a regulated trading platform designed for companies, such as Coronado, that are looking to manage costs while restructuring or searching for new business opportunities. In the event that Coronado is able to secure a new business opportunity, it will be eligible to graduate to the TSX-V, the Toronto Stock Exchange main board, or any other exchange where it may qualify.

      Coronado's team have extensive expertise in capital market strategies, business development, legal and regulatory compliance, and with a network of equity investors, provides a strong platform to secure an attractive business opportunity. Coronado is also debt-free and currently has 5,662,340 shares outstanding.

      For further information regarding the Dividend, please refer to TAG Oil's press release dated April 28, 2017, or contact Computershare Investor Services Inc. at 1-800-564-6253 (inside North America) or 1-514-982-7555 (Outside North America) or by e-mail to the corporateactions@computershare.com.

      This press release is issued pursuant to National Instrument 62-103 – The Early Warning System and Related Take-Over Bid and Insider Reporting Issues, which also requires a report to be filed with regulatory authorities in each of the jurisdictions containing additional information with respect to the foregoing matters (the "Early Warning Report"). To obtain a copy of the Early Warning Report filed in connection with the Transaction, please see Coronado's profile on the SEDAR website at www.sedar.com.

      About TAG Oil

      TAG Oil (http://www.tagoil.com/) is a development-stage international oil and gas producer with established high netback production, development and exploration assets, including production infrastructure in New Zealand and Australia. TAG Oil is poised for significant reserve and production growth with several oil and gas fields under development and high-impact exploration in proven oil and gas fairways. TAG Oil is debt-free and currently has 85,282,252 shares outstanding.

      Cautionary Note Regarding Forward-Looking Statements

      Statements contained in this news release that are not historical facts are forward-looking statements that involve various risks and uncertainty affecting the business of TAG Oil. Such statements can generally, but not always, be identified by words such as "expects", "plans", "anticipates", "intends", "estimates", "forecasts", "schedules", "prepares", "potential" and similar expressions, or that events or conditions "will", "would", "may", "could" or "should" occur. All estimates and statements that describe the Company's plans relating to the Dividend and Coronado are forward-looking statements under applicable securities laws and necessarily involve risks and uncertainties. Actual results may vary materially from the information provided in this release, and there is no representation by TAG Oil that the actual results realized in the future will be the same in whole or in part as those presented herein.

      Other factors that could cause actual results to differ from those contained in the forward-looking statements are also set forth in filings that TAG Oil and its independent evaluator have made, including TAG Oil's most recently filed reports in Canada under National Instrument 51-101, which can be found under TAG Oil's SEDAR profile at www.sedar.com. TAG Oil undertakes no obligation, except as otherwise required by law, to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors change.

      SOURCE TAG Oil Ltd.



      For further information: Chris Beltgens, Vice President, Corporate Development, Phone: 1-604-682-6496, Email: info@tagoil.com, Website: http://www.tagoil.com/, Blog: www.tagoil.com/media-center/tag-oil-blog/
      Avatar
      schrieb am 30.05.17 19:30:12
      Beitrag Nr. 107 ()
      wer kauft denn heute hier solche großen Pakete hier in Deutschland.
      Avatar
      schrieb am 30.05.17 19:35:08
      Beitrag Nr. 108 ()
      blue-moon kaufst du dich wieder ein? :D
      Avatar
      schrieb am 29.06.17 19:09:09
      Beitrag Nr. 109 ()
      http://www.stockwatch.com/News/Item.aspx?bid=Z-C:TAO-2483822

      TAG Oil's fiscal 2017 revenues at $6.3-million



      2017-06-29 09:50 ET - News Release



      Mr. Toby Pierce reports

      TAG OIL REPORTS FY2017 RESULTS

      TAG Oil Ltd. has released the annual and fourth quarter results for the fiscal year ended March 31, 2017. Specifically, the company successfully increased its total gross proven plus probable ("2P") reserves for FY2017, while also increasing its oil and gas production, revenue from sales and operating netbacks during the quarter.

      TAG Oil continues to remain well organized and focused on its core producing operations, which have demonstrated substantial upside potential for near-term production and reserve building, and has preserved capital and reduced production and administrative costs wherever possible. The Company has also been growing its production and reserves base through exploration drilling in the Taranaki Basin, and continues to be active with having recently drilled the successful Cheal-E8 well and will be spudding the Cheal-D1 well in July 2017. TAG Oil has also managed to complete additional strategic acquisitions during FY2017, and continues to assess other acquisition and farm-in opportunities in New Zealand and Australia.

      Toby Pierce, TAG Oil's CEO, commented "TAG has weathered another year of the low oil price environment by focusing on our core Taranaki producing assets and making opportunistic acquisitions of distressed assets to position the Company for when prices improve. Through the first half of our fiscal year, TAG successfully completed several recompletions to stabilize our production rates and implemented a waterflood program at our main Cheal permit. Following the oversubscribed capital raise in March, we have returned to drilling our exploration targets and have an active program planned for the remainder of the fiscal year with up to four more additional wells planned. With the continued volatility in commodity prices, we are diligently watching oil prices and will adjust our capital program accordingly."

      FY2017 FINANCIAL AND OPERATING HIGHLIGHTS

      At March 31, 2017, the Company had $21.6 million (March 31, 2016: $16.8 million) in cash and cash equivalents and $25.9 million (March 31, 2016: $22.1 million) in working capital and no debt.

      Total 2P reserves at March 31, 2017 reflecting the Company's 100% interest in PMP 38156 (Cheal), 70% interest in PEP 54877 (Cheal East) and 100% interest in PMP 53803 (Sidewinder), are estimated at 4.1 MMboe (92% oil) compared with 3.6 MMboe (93% oil) at March 31, 2016, which is an approximately 14% increase that takes into account:

      An annual reserves revision of 946 Mboe (accounting for an approximate 26% increase in reserves).

      Production of the 421 Mboe that the Company produced over FY2017 (accounting for an approximate 12% decrease in reserves).

      Average net daily production decreased by 13% to 1,200 boe/d compared with 1,386 boe/d in FY2016.

      Revenue decreased by 6% to $23.3 million compared with $24.8 million in FY2016.

      Operating netback increased by 10% for FY2017 to $24.88 per boe compared with $22.61 per boe for FY2016.

      The Company acquired the following permits:

      70% interest in the 20,923 acre onshore PEP 51153 (Puka) in June 2016.

      100% interest in the 25,700 acre onshore PL17 (Surat Basin) in January 2017.

      The Company relinquished the following permits:

      40% interest in the 21,623 acre offshore PEP 52181 (Kaheru) in April 2016.

      100% interest in the 4,275 acre onshore PEP 38748 (Sidewinder B) in June 2016.

      100% interest in the 634,047 acre onshore PEP 38349 (Boar Hill) in November 2016.

      100% interest in the 22,054 acre onshore PEP 57063 (Wai-iti) in April 2017.

      The Company has submitted the following permit to be relinquished which is pending approval:

      50% interest in the 1,102 acre onshore PEP 54879 (Cheal South) in March 2017.

      Capital expenditures totalled $15.6 million compared to $11.8 million for FY2016. The majority of the expenditure related to the following:

      Taranaki development drilling and waterflood, workovers and facility improvements ($7.4 million).

      Taranaki exploration activities ($5.4 million).

      Australian PL17 acquisition and siesmic planning ($2.6 million).

      Other Assets ($0.2 million).

      Q4 2017 FINANCIAL AND OPERATING HIGHLIGHTS

      Average net daily production increased by 3% for the quarter ended March 31, 2017, to 1,218 boe/d (79% oil) from 1,185 boe/d (80% oil) for the quarter ended December 31, 2016.

      Revenue from oil and gas sales increased by 4% for the quarter ended March 31, 2017, to $6.3 million from $6.0 million for the quarter ended December 31, 2016.

      Operating netbacks increased by 15% for the quarter ended March 31, 2017, to $27.46 per boe compared with $23.86 per boe for the quarter ended December 31, 2016.

      Capital expenditures totalled $8.1 million for the quarter ended March 31, 2017, compared to $1.5 million for the quarter ended December 31, 2016.

      On March 20, 2017, the Company announced that it had clo
      Avatar
      schrieb am 06.02.19 18:36:02
      Beitrag Nr. 110 ()
      https://www.stockwatch.com/News/Item.aspx?bid=Z-C%3aTAO-2711…

      TAG Oil to buy back up to 6.44 million shares



      2019-01-29 09:38 ET - News Release



      Mr. Chris Beltgens reports

      TAG OIL ANNOUNCES SHARE BUYBACK

      The Toronto Stock Exchange has approved TAG Oil Ltd.'s request to commence a normal course issuer bid to purchase and cancel up to 6,441,258 of its common shares, which is 10 per cent of its 64,412,580 common shares in the public float as at Jan. 18, 2019. TAG has appointed Echelon Wealth Partners to conduct the purchases through the facilities of the TSX.

      The purpose of the normal course issuer bid is to purchase the common shares of TAG for cancellation. TAG's board of directors believes that the normal course issuer bid is in the best interests of the company because TAG's common share price is trading at a significant discount to its asset value.

      Under TSX policies, these purchases can commence on Feb. 1, 2019, and will terminate on Jan. 31, 2020. The average daily trading volume of the common shares for the previous six calendar months was 151,486 common shares, so the maximum amount of daily purchases may not exceed 25 per cent of the average daily trading volume, or 37,871 common shares. In addition, TAG will be allowed to make, once per calendar week, a block purchase (as such term is defined in the TSX company manual) of common shares not directly or indirectly owned by insiders of TAG that exceeds the daily repurchase restriction, in accordance with TSX policies.

      Over the past 12 months, TAG has not purchased and cancelled any of its common shares. TAG has 85,282,252 common shares issued and outstanding as at Jan. 18, 2019.

      About TAG Oil Ltd.

      TAG Oil is an international oil and gas explorer with established high-netback production, development and exploration assets, including production infrastructure in New Zealand and Australia.

      We seek Safe Harbor.

      © 2019 Canjex Publishing Ltd. All rights reserved
      Avatar
      schrieb am 06.02.19 18:57:50
      Beitrag Nr. 111 ()


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