Field news and more

Australia abundant with natural gas

With abundant supplies of natural gas, Australia is ranked second as the world’s largest exporter of liquefied natural gas (LNG). By 2019, it should knock Qatar out of the top spot to become the largest.  With this abundant supply—and equally abundant exports—Australian domestic natural gas prices are at all time highs. Most of the LNG…

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Overstated shale?

Energy independence is what the U.S. is striving for. Or, in the words of President Trump, “Energy Dominance.” And many think that America’s shale industry just might take them there. But researchers at Massachusetts Institute of Technology (MIT) are saying the shale play oil and gas prediction by the Energy Information Administration’s (EIA) forecast is…

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The Slug says $80 or bust

Energy News Bulletin’s Slugcatcher, gives their input on what they look at besides oil price, to determine if the oil and gas industry will continue to recover.  First, shipping movements.   Last year, full tankers were waiting to be unloaded as the oil glut kept them waiting ports with big oil refining capacity.  This indicated…

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The Blockchain Era

The Blockchain era is upon us and it is revolutionary.  It is not just for the financial industry as many assume: in fact there are over a hundred blockchain uses that have been implemented so far. What is blockchain exactly? It’s a public ledger that records transactions. Using cryptography (and math) blockchain technology establishes an…

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TAG attends the Capital Events Conference

TAG Oil’s recent attendance at Capital Event’s 2017 Florida Conference in West Palm Beach, marks another successful marketing event for the Company. Over a busy three days, Pino Perone (Corporate Secretary and General Counsel) and Chris Beltgens (VP Corporate Development) had the opportunity to meet with a variety of investors and peers in the resource…

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Get the inside scoop on TAG Oil

TAG CEO, Toby Pierce was interviewed while in London at the 121 Oil & Gas Conference, where he discussed the exciting year ahead and the robust platform that is set for TAG. First on the docket for 2018? A high-impact exploration well, Pukatea, which is a 10 million barrel prospect in TAG Oil’s onshore New…

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The Shale King shares his opinion

Billionaire Shale King, Harold Hamm, also known as one of the great American wildcatters, is blaming the government for depressing U.S. oil prices by making overly optimistic predictions. And he’s calling for a change. The U.S. Energy Information Administration (EIA) is a principal agency of the U.S. Federal Statistical System, and Hamm isn’t the first…

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Tax loss selling begins

It’s getting close to the end of the year, which means our thoughts turn to taxes and end of year tax prep. Tax loss selling has begun, and as you can see, it has affected TAG Oil’s share price. Tax loss selling is used to offset capital gains from other sources. But it goes against…

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Spotlight on natural gas (for once)

As you may know, TAG Oil produces oil and natural gas.  Aside from power generation and home heating, natural gas is used to manufacture many everyday and industrial products.  And TAG maximizes the marketability of the gas we produce from our Cheal and Sidewinder fields, via New Zealand’s open-access gas transmission line.  There are nearly…

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Future oil supply: is abundance guaranteed?

“Most investors and analysts assume—perhaps unconsciously—that future supply will be more abundant than present supply. What if they are wrong?”  Art Berman, noted energy specialist, geological consultant, and keynote speaker, recently published an article in the Petroleum Truth Report talking about oil prices, consumption, comparative inventory and exports and the Brent/WTI Spread. In it, he…

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