Poised for Growth

High-impact, reserve based growth

For TAG Oil the greatest opportunities still lie ahead.  We are an established oil producer at the forefront of exploration and production activity in the Taranaki Basin of stable New Zealand. We are a growing high netback oil producer with developing oil and gas fields, and prime acreage holder in the high impact Taranaki discovery fairway.

News

TAG Oil Appoints New CEO to Lead Next Phase of Corporate Growth

Toby Pierce, CEO TAG OilTAG Oil is pleased to announce the appointment of Mr. Toby Pierce as Chief Executive Officer and a Director of TAG Oil, effective immediately. Mr. Pierce, MBA, B.Sc., is a natural-resource executive with more than 19 years of extensive transactional and valuation experience across multiple deals, from a million to $1.3 billion in value.

“As a lead oil and gas analyst,” commented Alex Guidi, TAG’s founder and Chairman, “Toby has a wealth of industry knowledge and a deep understanding of the capital markets, investment banking, mergers and acquisitions, and the challenges and opportunities inherent with international oil and gas companies. Toby’s strong strategic and analytical skills and his whole history of experience are a great match for TAG’s goals and business plan….”  read more

How to be an economic force for good

It’s one of my top priorities for TAG Oil to conduct its business in a socially and environmentally responsible way for the benefit of all stakeholders, including shareholders, employees, business partners, host and….

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The current oil oversupply

According to a recent EIA report, the current oversupply of oil is at about a million barrels. Compare that with 2008, when the market was oversupplied by four to five million barrels of oil, and we hit one of the worst recessions in history.  Now compare that with the 1998 Asian financial crisis, when the market …

oversupply of oil

 

 

 

 

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TSX : TAO
OTCQX : TAOIF
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News

TAG Oil Ends Year With Strong Production and Revenue

Vancouver, B.C. – June 29, 2015 – TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), is pleased to report results for the fiscal year ending March 31, 2015. The Company achieved strong revenues of $53.7 million during the year, with average daily production remaining flat at 1,856 BOE/d (77% oil), over last year however, TAG’s net oil production increased by 29% for the fiscal year to 1,425 bbl/d compared with 1,107 bbl/d in fiscal year 2014.

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