On the leading edge

Production and Exploration

TAG has two oil and gas fields in production, Cheal and Sidewinder, including lightly-explored development acreage. TAG is a low-cost producer receiving premium Brent Oil pricing and the natural gas TAG produces is sold domestically at a substantial premium to North America pricing. Development and exploration activities are ongoing and are focussed on step out wells within our prospect rich development acreage and well-defined exploration prospects in a proven high-impact discovery fairway.

Strong Domestic Natural Gas Demand

Prod-Expl_GasSupplyDemand-Diagram

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Shallow Production

TAG is developing two oil and gas fields in the Mt. Messenger and Urenui formations between 1400 to 2000 meter depths. With lightly-explored surrounding acreage also prospective for development provides TAG with many years of low-risk drilling and reserve growth opportunities.

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Deep Development

TAG’s deep prospects in Taranaki are on trend with major fields and have significant resource potential. Our Cardiff-3 well provides encouragement for development of a substantial liquids rich gas resource.

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