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TAG Oil's Taranaki Basin success paves the way for future growth in New Zealand


Published May 30, 2013
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Tag Oil makes oil discovery at Cheal step out well

TAG Oil Ltd. 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.

Tags: TAG Oil Ltd.



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