TSX : TAO OTCQX : TAOIF A proven leader in New Zealands oil & gas scene Summer 2015
TSX : TAO OTCQX : TAOIF TAG Oil is a developing oil producer poised for growth in stable New Zealand 2015 TAG Oil Ltd., www.tagoil.com 3
TSX : TAO OTCQX : TAOIF Why New Zealand Favorable commercial terms and low royalties Under-drilled, with world-class discovery potential Proven oil reserves of 534 million barrels Proven natural gas reserves of 7.3 TCF…
TSX : TAO OTCQX : TAOIF Who is exploring for big oil in New Zealand 2015 TAG Oil Ltd., www.tagoil.com 5
TSX : TAO OTCQX : TAOIF Why TAG Oil Undervalued compared to its peers Undervalued based on its assets Long life production with predictable growth Strategic holdings with high- impact potential Low oil and gas production…
TSX : TAO OTCQX : TAOIF TAG Oil key fundamentals* Strong balance sheet with no debt Shares outstanding: 62,597,852 Audited (P2) reserves: 5.9 million BOE (93% oil) Market cap: US80 million +/- Enterprise value: US50 million…
TSX : TAO OTCQX : TAOIF Production growth and value creation with running room to spare TAGs quarterly production & revenue 2015 TAG Oil Ltd., www.tagoil.com 8
TSX : TAO OTCQX : TAOIF Executive & Key Technical Team Financial Snapshot As of March 31st F2015 F2014 F2013 F2012 F2011 (in 000s except EPS BT) 9 Months Production Revenue 44,032 57,547 44,591 42,909 13,088 Operating Profit 26,291…
TSX : TAO OTCQX : TAOIF The current oil environment Strong underlying supply and demand fundamentals = a good time to invest 2015 TAG Oil Ltd., www.tagoil.com 10
TSX : TAO OTCQX : TAOIF Oil is getting more expensive to produce Add in another 20 to 25 per barrel for G & A, plus cost of debt to these production break-even costs, and most oil companies need 100+ per barrel just to break…
TSX : TAO OTCQX : TAOIF Low oil prices always correct In December 2014, Boone Pickens predicted that Brent crude oil will be at 90 to 100 barrel in 12 to 18 months. We agree. The world got along fine with 100 oil, he told…
TSX : TAO OTCQX : TAOIF Demand will grow 1 million barrels a day, every year, for the next 15 years Rising demand + less drilling + higher extraction costs = higher oil prices 2015 TAG Oil Ltd., www.tagoil.com 13
TSX : TAO OTCQX : TAOIF w i t h o p l e N p e i n a I L L I O i n C h 5 B l t h 1.3 ng wea o w i gr China oil production & consumption 2015 TAG Oil Ltd., www.tagoil.com 14
s t t o TSX : TAO OTCQX : TAOIF re c a o n f o u l a t i 3 0 p o p i n 2 0 d i a s h i n a In a k e C e r t India overtakes China in 2030 ov Total Population (in billions) Source: UN Population Division: Medium…
TSX : TAO OTCQX : TAOIF Operations 2015 TAG Oil Ltd., www.tagoil.com 16
TSX : TAO OTCQX : TAOIF Organic value creation growth opportunity Capex fuelled by established high netback production + share dilution minimized by cash flow x reserve-based growth = shareholder value 1: Many years worth of…
TSX : TAO OTCQX : TAOIF TAG Oil: An established operator controlling a dominant footprint Lightly explored across TAGs acreage A proven and prolific discovery fairway with untapped potential Significant infrastructure 100%…
TSX : TAO OTCQX : TAOIF 3 critical production facilities in place To facilitate current and expected future production growth 2015 TAG Oil Ltd., www.tagoil.com 19
TSX : TAO OTCQX : TAOIF Cheal: high-netback oil field, significant development upside Cheal-E1 is one example of unrecognized upside and robust future economic potential 2015 TAG Oil Ltd., www.tagoil.com 20
TSX : TAO OTCQX : TAOIF High-graded development drilling locations provide long-term upside Potential to double current oil production and reserves: Cheal-E1 is an example of unrecognized upside and robust future economic…
TSX : TAO OTCQX : TAOIF Development of the Cheal oil and gas field area substantially de-risked 36 drilled wells de- risks future drilling Permit-wide 3D seismic and a substantial drilling and workover inventory Stacked…
TSX : TAO OTCQX : TAOIF Cardiff: A large potential resource Stratford/Cardiff high spans 12 km long by 3 km wide Reserve size and deliverability potential are greater than shallow drilling program (Cheal) due to greater depth…
TSX : TAO OTCQX : TAOIF Cardiff gas-condensate discovery Multiple prospective zones intersected, uphole testing pending Cardiff-3 intersected 420 m potential reservoir in multiple zones Potential to become a significant…
TSX : TAO OTCQX : TAOIF Sidewinder: Existing production and good exploration potential 100% working interest across 22,600 acres with full 3D coverage Sidewinder B Prospect is a stacked Mount Messenger Oil target Deep gas…
TSX : TAO OTCQX : TAOIF High-impact offshore prospect TAGs shallow water Kaheru exploration prospect is situated among several substantial discoveries and near infrastructure 2015 TAG Oil Ltd., www.tagoil.com 26
TSX : TAO OTCQX : TAOIF Kaheru Prospect in prime hunting ground in a prolific discovery fairway 2015 TAG Oil Ltd., www.tagoil.com 27
TSX : TAO OTCQX : TAOIF East Coast Basin fractured source rock play 2015 TAG Oil Ltd., www.tagoil.com 28
TSX : TAO OTCQX : TAOIF Early-stage frontier exploration 2015 TAG Oil Ltd., www.tagoil.com 29
TSX : TAO OTCQX : TAOIF Ready markets for oil and gas TAG oil is delivered to the Port of Napier for Asian markets, fetching premium undiscounted Brent pricing. TAGs natural gas is piped into New Zealands main high-capacity…
TSX : TAO OTCQX : TAOIF What TAG believes 2015 TAG Oil Ltd., www.tagoil.com 31
TSX : TAO OTCQX : TAOIF Have a will-do attitude Intelligent planning, strong ethics and hard work will take you everywhere. 2015 TAG Oil Ltd., www.tagoil.com 32
TSX : TAO OTCQX : TAOIF We work for our families, our children, and future generations. 2015 TAG Oil Ltd., www.tagoil.com 33
TSX : TAO OTCQX : TAOIF TAG supports the community and believes in team work in all things. 2015 TAG Oil Ltd., www.tagoil.com 34
TSX : TAO OTCQX : TAOIF Celebrate success Everyone shares in our success. 2015 TAG Oil Ltd., www.tagoil.com 35
TSX : TAO OTCQX : TAOIF What TAGsafely Work believes Safe is smart, and safety shows caring for people, the environment, and our investment. 2015 TAG Oil Ltd., www.tagoil.com 36
TSX : TAO OTCQX : TAOIF Deliver superior investment performance TAG has transformed from explorer to proven, producing, development stage company. 2015 TAG Oil Ltd., www.tagoil.com 37
TSX : TAO OTCQX : TAOIF Executive & Key Technical Team Experienced Leadership Team North American Expertise Global Experience Toby Pierce Successful natural resource executive with deep expertise in operations, capital markets,…
TSX : TAO OTCQX : TAOIF TAG flourishes in times of higher pricingand excels in times of low Low cost producer receiving Large land base in discovery trend premium oil pricing; will be a first to allows for high impact exploration…
TSX : TAO OTCQX : TAOIF Why TAG is an attractive investment Unrecognized value of basic fundamentals and strong relative position against peer group. NAV of 4.40 per share on audited P2 reserves. In-house assessed NAV much…
TSX : TAO OTCQX : TAOIF Thank You TAG Oil Ltd. 885 West Georgia Street, Suite 2040 Vancouver, BC V6C 3E8 Canada 1-604-682-6496 www.tagoil.com
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