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TAG Oil declares substantial production increase & strong production testing


Published Oct 24, 2012
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Tag Oil makes oil discovery at Cheal step out well

TAG Oil Ltd. provide the following production guidance and test results from it’s 100%-owned Taranaki Basin, New Zealand oil and gas fields.

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.

Tags: TAG Oil Ltd.



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