At the Forefront of a Global Opportunity

100% Control of Oil and Gas Production and Prospective Acreage
The opportunity for TAG Oil in New Zealand cannot be exaggerated. Not only does the Company already control 100% of a stable, high-profit, modern and under-utilized oil production facility, TAG also controls a strong portfolio of 3-D defined, high-impact Taranaki Basin prospects located in the heart of a proven prolific discovery fairway. This provides lower risk but high-impact drilling and near term production growth opportunities that are complimentary to our Cheal discovery and infrastructure, which now has some of the lowest oil field operating costs in the industry.

Bringing Proven Exploration Technology to New Zealand
In addition, rapidly advancing exploration technology is unlocking massive new unconventional reserves in North America directly from oil and gas rich fractured shale source rock. As a first mover in unconventional exploration in New Zealand, our large East Coast acreage is set in a perfect environment to leverage rapidly advancing unconventional exploration technology with oil rich, shale source rock formations that are widespread across TAG’s acreage at relatively shallow depths.