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Pukatea: Ready to drill

The potential size of TAG Oil’s Pukatea prospect could prove to be a changing factor for TAG (70%), its JV partner Melbana Energy Limited (30%), and most importantly, for TAG’s shareholders. Following completion of the technical reassessment, as we prepare to drill the high impact well, we have found a secondary target for the well.…

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Oil finally makes its move

Crude prices are climbing as the supply/demand gap closes. The EIA reported that nationwide inventories fell by 4.95 million barrels, the largest draw since the oil price crash in 2014 for this time of year. Brent crude is hovering right below $70 with WTI about $63, and traders are optimistic. The reason for their optimism?…

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Happy New Year from TAG!

The beginning of a new year is all about reaching new heights and new achievements. Throughout 2017, TAG Oil has been planting the seeds to promote growth in the upcoming year. With a dedicated team and high-impact prospects we know that 2018 could send us to new heights.  To all of our followers, thank you…

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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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