TAG Oil Ltd. is pleased to announce the grant of an aggregate of 11,850,000 stock options at a price of C$0.10 per common share to certain directors, officers, and personnel of the Company pursuant to the Company's stock option plan and applicable policies of the TSX Venture Exchange. The Options have a term of five years from the date of grant and will vest over a period of two years. The Company granted the Options as [...]
TAG Oil is pleased to announce that it has closed its previously announced brokered, best-efforts offering of units of the Company at a price of $0.10 per Unit for aggregate gross proceeds of $11,500,000, including the full exercise of the over-allotment option. The Offerings was led by Research Capital Corporation as the lead agent and sole bookrunner, on behalf of a syndicate of agents. The Offerings consisted of [...]
TAG Oil is pleased to announce that, due to strong investor demand, it has upsized its previously announced brokered, best-efforts offering to $10,000,000 of units of the Company at a price of $0.10 per Unit. The Offerings are led by Research Capital Corporation as the lead agent and sole bookrunner, on behalf of a syndicate of agents. The Offerings shall consist of: a) $5,640,000 of Units, to be issued on a [...]
TAG Oil Ltd. is pleased to announce that it has entered into an agreement with Research Capital Corporation as the lead agent and sole bookrunner, on behalf of a syndicate of agents , in connection with a brokered, best-efforts listed issuer financing exemption private placement offering of units of the Company at a price of $0.10 per Unit for aggregate gross proceeds to the Company of up to $5,000,000. Each Unit will [...]
TAG Oil Ltd. is pleased to report the voting results from its 2025 annual general meeting of shareholders held yesterday in Vancouver, B.C. Shareholders voted as follows on the matters before the Meeting. Fixing the Number and Election of Directors Shareholders fixed the number of directors at five , and all five of the nominees listed in TAG Oil's management information circular dated November 7, 2025, that were proposed [...]
TAG Oil Ltd. is pleased to report the filing of its financial results for the interim period ending September 30, 2025. A copy of TAG Oil's financial statements, and management discussion and analysis for the interim period ending September 30, 2025, are available on SEDAR+ and on the Company's website . On September 30, 2025, the Company had C$3.95 million in cash and cash equivalent and C$3.53 million in working [...]
TAG Oil Ltd. is pleased to announce that it has engaged the services of ICP Securities Inc. to provide automated market making services, including use of its proprietary algorithm, ICP Premium™, in compliance with the policies and guidelines of the TSX Venture Exchange and other applicable legislation. ICP will be paid a monthly fee of C$7,500, plus applicable taxes. The agreement between the Company and ICP was [...]
TAG Oil Ltd. is pleased to announce the results of an independent assessment of volumetric estimates of the Abu Roash "F" unconventional, tight, carbonate reservoir in the Southeast Ras Qattara concession , Western Desert, Egypt . The SERQ Report was prepared by Fracture Modelling Inc. , an independent technical consultant, dated November 7, 2024. It provides oil-initially-in-place estimates in the ARF formation based on [...]
TAG Oil Ltd. is pleased to announce that it has reached an agreement with Badr Petroleum Company, holders of the BED-1 concession, to extend the evaluation period under the petroleum services agreement for three years up to October 13, 2028. During the extension period, the Company commits to drill two additional wells at BED-1 and subject to drilling results, TAG Oil may elect to proceed with full-scale commercial [...]
TAG Oil Ltd. is pleased to announce that it has received approval to enter into a petroleum services agreement by the Egyptian National Petroleum for Exploration and Development Company for the development of the unconventional Abu Roash "F" reservoir within the Southeast Ras Qattara concession in Egypt's Western Desert. This award follows a competitive bidding process initiated by Egypt's Ministry of Petroleum and [...]
TAG Oil Ltd. is pleased to report the filing of its financial results for the interim period ending June 30, 2025. A copy of TAG Oil's financial statements, and management discussion and analysis for the interim period ending June 30, 2025, are available on SEDAR+ and on the Company's website . On June 30, 2025, the Company had C$5.3 million in cash and cash equivalent and C$4.9 million in working capital, compared to [...]
TAG Oil Ltd. continues to look at expansion opportunities in both unconventional and conventional exploration and production assets in Egypt. As part of the initiative, the Company anticipates that it will be participating in a recently announced open bid for various blocks in Egypt by the Egyptian National Petroleum for Exploration and Development Company . The process will likely run through the summer and is expected [...]