TSX : TAO OTCQX : TAOIF A proven leader in New Zealands oil & gas industry September 2016
TSX : TAO OTCQX : TAOIF An established operator controlling a dominant footprint Leading operator in New Zealand with over 40 wells drilled to date Focus on low cost onshore operations A proven & prolific basin with significant…
TSX : TAO OTCQX : TAOIF Foundation for Success Working Capital* 15 million in cash with no debt 21 million in working capital Fully funded in FY2017 with a balanced work program Capital Structure* 62.2 million shares o/s; 67.4 million…
TSX : TAO OTCQX : TAOIF Experienced Leadership Team Alex Guidi International oil and gas entrepreneur with 30 years leadership and Chairman, TAG Oil Founder executive experience in New Zealand and Australasia Toby Pierce Successful…
TSX : TAO OTCQX : TAOIF Strong Production Base 2,500 125 2,000 100 Production stabilized 1,300 boepd Avg. Production (BOEPD) Brent Oil price (US) 1,500 75 1,000 50 500 25 0 0 FQ1 FQ2 FQ3 FQ4 FQ1 FQ2 FQ3…
TSX : TAO OTCQX : TAOIF Cheal: Long-term upside from high-graded development drilling Discovered upside in up-hole sands; many wells have two or more stacked reservoir intervals with only one interval currently producing Potential…
TSX : TAO OTCQX : TAOIF Cheal: Development substantially de-risked 36 wells drilled to date provide excellent well control and subsurface understanding Permit-wide 3D seismic and a substantial drilling and workover inventory…
TSX : TAO OTCQX : TAOIF Cheal: Waterflood Analogy Waterflood commences (June 2010) Initial production declined from c. 350 43 months after commencing waterflood, production Production at Dec 2015 was bpd to 23.2 bpd over 32 months…
TSX : TAO OTCQX : TAOIF Greater Cheal Area Top 10 Numerous opportunities identified in the greater Cheal Area which have the ability to significantly increase both recoverable reserves and production Cleanout program on B6 and B7…
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 tested 254 bpd…
TSX : TAO OTCQX : TAOIF Puka / Shannon: Proven production with high-impact exploration On June 6th, 2016 TAG announced the acquisition of a 70% interest in PEP 51153 containing the Puka oil field and Shannon oil prospect NZ250,000…
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 and…
TSX : TAO OTCQX : TAOIF Acquisitions: Leveraging our balance sheet TAG looking to acquire assets or partner with groups on assets within or slightly beyond our current financial capabilities. Ideal opportunities are: Onshore and…
TSX : TAO OTCQX : TAOIF 2017 Capital Program and Major Activities Field Activity April May June July August September October November December January February March Cheal E E7 Re-perforation Cheal E E5 Rod pump Cheal E…
TSX : TAO OTCQX : TAOIF Why TAG Oil Experienced production, drilling and operations team Excellent position from growth at current and higher oil prices Long life production with significant potential resources upside Strategic…
TSX : TAO OTCQX : TAOIF Corporate Strategy Focus on New Zealand New Zealand Core Assets Exploration Growth Opportunities Drilling and recovery Shannon and Sequoia Acquisitions of existing New Zealand enhancements to boost oil…
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 New Zealands Oil and Gas Industry Source: Taranaki Report, March 2015 2016 TAG Oil Ltd., www.tagoil.com 21
TSX : TAO OTCQX : TAOIF New Zealands Oil and Gas Industry Source: Taranaki Report, March 2015 2016 TAG Oil Ltd., www.tagoil.com 22
TSX : TAO OTCQX : TAOIF A profitable oil & gas producer committed to creating shareholder value Core Values: Safety First Do the Right Thing Plan Smart Make it Happen Reputation is Everything One Team 2016 TAG Oil…