TAG Oil Ltd.

TAG Oil Ltd. is pleased to announce that it has upsized its previously announced bought-deal public offering to $11,000,048 in aggregate gross proceeds. The Company has entered into a revised agreement with Research Capital Corporation as the lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters, including Echelon Wealth Partners Inc., Canaccord Genuity Corp., and Haywood Securities Inc. , to [...]

TAG Oil Ltd. is pleased to announce that it has entered into an agreement with Research Capital Corporation as the lead underwriter and sole bookrunner, on behalf of a syndicate of underwriters, including Echelon Wealth Partners Inc., Canaccord Genuity Corp., and Haywood Securities Inc. , to purchase, as principal on a bought-deal basis, 17,250,000 common shares of the Company at a price of $0.58 per Common Share for [...]

TAG Oil Ltd. and is pleased to report the filing of its financial results for the fiscal year ending March 31, 2023. A copy of TAG Oil's financial statements, management discussion and analysis, and annual information form for its most recently completed financial year are available on SEDAR and on the Company's website. Highlights over the period include that the Company had C$19.5 million in cash and cash equivalents [...]

TAG Oil Ltd. and is pleased to announce that its senior executive team will be hosting a live conference call on Thursday, July 6, 2023 at 7:00 AM PST / 10:00 AM EST for investors to discuss TAG Oil's updated corporate presentation. A copy of the corporate presentation can be viewed at the Company's website by accessing the following link. Interested parties will be able to access the conference call via live [...]

Securing Drilling Rig for BED-1 Field TAG Oil Ltd. is pleased to provide the following operations update at the BED-1 Field in the Western Desert, Egypt: BED 1-7 Well Production Since initial flowback of the BED 1-7 well on April 23, 2023, the well started by unloading to surface completion fluid from the fracture stimulation and formation oil under natural flow; the Company temporarily shut-in the well to install [...]

TAG Oil Ltd. is pleased to announce the formal appointment of two new highly experienced VPs with strong operational backgrounds and the promotion of the Company's accomplished country manager, which will enhance TAG Oil's management team in Egypt and the broader MENA region. Mr. Gamal Rezk has been promoted to VP & General Manager of TAG Petroleum Egypt Ltd. , along with the appointment of Mr. Samir Abady who joins as VP [...]

TAG Oil Ltd. is pleased to announce the successful re-entry of the vertical well, BED 1-7, at the Badr Oil Field in the Western Desert, Egypt. The Company perforated the Abu Roash "F" formation and conducted a Diagnostic Fracture Injectivity Test . The reservoir was further fracture stimulated with a large 110 tons sand treatment and pump schedule with positive response confirming reservoir models and projected [...]

TAG Oil Ltd. is pleased to report that re-entry and installation of the completion string at the BED 1-7 well has been successfully completed. The re-entry operation included installation of a new well-head assembly, removal of the old tubing string and dual packer assembly, isolation of previously perforated upper reservoir layers in the Abu-Roash formation and cleaning the well down to base depth at approximately 3,250 [...]

TAG Oil Ltd. is pleased to report the filing of its financial results for the interim period ending December 31, 2022. A copy of TAG Oil's financial statements and management discussion and analysis for the interim period ending December 31, 2022 are available on SEDAR and on the Company's website. Highlights over the period include that the Company had C$21.4 million in cash and cash equivalents and C$24.0 million in [...]

TAG Oil Ltd. is pleased to announce that it has earned a spot on the 2023 TSX Venture 50 list. The annual ranking comprises the top 10 performing companies from the past year on the TSX Venture Exchange across five sectors: energy, mining, clean technology and life sciences, diversified industries, and technology. Based on the Company's performance across three key indicators: market capitalization growth, share price [...]