This coming weekend marks the kickoff of our 12-well drilling campaign, fully funded with income from the sale and production of TAG Oil’s own Taranaki oil and gas, and the Company’s strong balance sheet.
We’ll start with the Cheal E-1 well, which continues TAG’s shallow drilling program, and our first high-impact, deep gas well, Cardiff-3. should spud about four weeks later. Let’s see if our unprecedented streak can continue. More reports soon as events unfold….