TAG Oil Ltd.

TAG Oil is a Canadian-based and listed oil and gas exploration company pursuing acquisitions, exploration, and production in the Middle East and North African (MENA) region.

Our forward-looking strategy is to position the Company for significant growth via strategic acquisition, property development, enhanced production methods, and capitalizing on overlooked opportunities. TAG Oil's leadership team has demonstrated success implementing these strategies in the past, and looks to the future to build new, significant shareholder value.

TAG has the first piece of its MENA-based strategic acquisition plan into place with its first petroleum services agreement in the Badr Oil Field (BED-1), Western Desert, Egypt that potentially holds more than 500 million barrels of oil in place, and to date, the ARF zone has never been developed in Egypt.

The Company also continues to receive production royalties in New Zealand, and maintains a solid balance sheet.

TAG Oil Ltd. is a billboard sponsor of Streetwise Reports and paid a fee for this company profile page. Please refer to the important disclosures below for additional details.

Recent Articles:

Oil Company Provides Update on Drilling that Could Change Egypt

TAG Oil has released an update on the progress of its horizontal well in the Western Desert of Egypt. Read on to see why analysts like this stock.

Co. Restarts Drilling of Well in Egypt

Research Report
This event follows a month-long delay in drilling due to a mechanical issue and creating a new operational plan, noted a Research Capital Corp. report.

Middle East Conflict Could Prop Up Oil Markets

Oil prices could soar if the conflict in the Middle East widens, the World Bank says. Here are some oil stocks analysts say are worth looking at.

Unearthing Opportunities: Special Situations for Q4 2023

Contributed Opinion
Natural resource special situations for Q4 2023 offer overlooked opportunities across the resource sector. By targeting catalysts, nimble investors can position for gains.

Chen Still Likes This Precious Metal in Q4

If you've been following asset manager Chen Lin's quarterly picks on Streetwise Reports, you know he is bullish on one particular precious metal, and the fourth quarter of 2023 is no exception.

Oil Co. Starts Drilling Horizontal Leg of Well in Egypt

TAG Oil Ltd. has started drilling the horizontal portion of its first horizontal well in the Badr Oil Field in the Western Desert of Egypt. Find out why one oil executive said horizontal drilling "changed it all."

More Articles

Expert Comments:

headshot of Chen Lin

Chen Lin, What Is Chen Buying? What Is Chen Selling?

"TAG Oil Ltd. encountered a lot of oil as the company was drilling, just as it expected. Now we hope to get the results by 2023E."

headshot of Bill Newman

Bill Newman, Research Capital Corporation

"TAG Oil Ltd. provided a drilling update on the BED4-T100 (T100) horizontal well in the BED-1 field. . .we are encouraged that the well encountered very good oil shows and good indications of primary porosity while drilling through the first 300m of the Abu Roash F reservoir."

Jon Brown, The Market Herald

"Egypt is becoming a major player in the oil game, and TAG Oil Ltd. is in a prime position to capitalize on this potential. . .the company is entering a very active period in the coming months, with its main focus on the T100 well and developing the field more generally."

Christopher Jones, Haywood Securities

"TAG Oil Ltd. announced it has commenced drilling the horizontal portion of the BED4-T100 well. . .with a lot of the geological risk removed from the successful vertical re-entry proof-of-concept well completed in the summer, along with good progress of its first horizontal well, we like the risk/reward down at these levels."

headshot of Chen Lin

Chen Lin, What Is Chen Buying? What Is Chen Selling?

"TAG Oil Ltd. came out with good news, that the company finished the vertical part of the drilling and is ready for the horizontal one. We anticipate this drilling to finish in three weeks."

Chen Lin, What Is Chen Buying? What Is Chen Selling?

"TAG Oil Ltd. is pursuing land-based, low-capex deals. . .the company is very close to getting the first horizontal fracking [done] in Egypt."

More Expert Comments

Experts Following This Company

headshot of Stephane Foucaud
Stephane Foucaud, Analyst – Auctus Advisors
Christopher Jones, Associate Analyst, Energy Research – Haywood Securities
headshot of Chen Lin
Chen Lin What Is Chen Buying? What Is Chen Selling?
headshot of Bill Newman
Bill Newman, Vice President, Senior Analyst – Research Capital Corporation
Malcolm Shaw, Hydra Capital Partners – Hydra Capital Partners
headshot of Malcolm Shaw
Malcolm Shaw – Hydra Capital Partners

Company News 

11/29/2023 – TAG Oil Reports Q2 2024 Results

11/15/2023 – TAG Oil Provides Update on BED4-T100 Well Drilling Operations

9/27/2023 – TAG Oil Commences Drilling the Horizontal Leg of its BED4-T100 Well After Successfully Logging the Vertical Pilot Hole

Important Disclosures
TAG Oil Ltd. is a Billboard advertiser of Streetwise Reports and pays a flat fee. Fees fund both sponsor-specific activities and general report activities. Sponsor-specific activities may include aggregating content and publishing that content on the Streetwise Reports site, creating and maintaining company landing pages, interviewing key management, posting a banner/billboard, and/or issuing press releases. The fees also cover the costs for Streetwise Reports to publish and syndicate investment opinion and comments, and also to curate or create sector-specific content. Billboard advertising monthly fees range from $3,000 to $5,000. This landing page contains a summary of the company that was prepared by that company. Some landing pages contain investing highlights and a catalyst calendar that are prepared by that company. The Expert Comments and Experts Following This Company sections of the landing page are compiled by Streetwise Reports. There may be other information about the company that is not placed on the landing page, and Streetwise Reports does not guarantee the accuracy or thoroughness of the information contained on the landing page. Readers should conduct their own research for all information publicly available concerning the company. This landing page may be considered advertising for the purposes of 18 U.S.C. 1734.

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2023/12/5 19:48:02


Analyst coverage

Auctus AdvisorsStephane Foucaud
Haywood SecuritiesChristopher Jones
Research Capital CorporationBill Newman

Newsletter coverage

Independent Investor

Hydra Capital PartnersMalcolm Shaw

Company News

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Streetwise Reports Articles

11/21/2023 - View Article
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11/07/2023 - View Article
10/25/2023 - View Article
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*Share Structure as of 11/15/2023
Investing Highlights
Unique in the international oil and gas arena
Focus on exploitation and development of later life conventional assets
Utilization of advanced technologies and unconventional experience driving production
catalyst Calendar
First well re-completion results early March 2023
First Horizontal Well May/June 2023
Potential 2nd Horizontal well December 2023/January 2024