Operational Updates
TAG Oil Pins 'Excellent' Drilling Results in Taranaki Basin
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TAG Oil Ltd. has reported its financial results for the quarter ended September 2012.
Q2-2013 and Recent Operating Highlights 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. Taranaki Basin OperationsTAG finished Q2-2013 with excellent drilling results, and an ongoing Taranaki program underway with electric logs indicating economic…
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