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Evaluation of the P&NG Reserves of TAG Oil Ltd.   Cheal and Sidewinder proven producing and probable reserves
Petroleum and natural gas reserves at Cheal and Sidewinder, assessed by Sproule International Limited

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Resource Assessment of Kaheru Prospect, Permit PEP 52181, Taranaki Basin, New Zealand for TAG Oil Limited   Kaheru Prospect Resources Estimate: 17.3 million barrels
Undiscovered in-place and prospective reserves independently assessed by Sproule

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Resource Assessment of Cardiff Prospect, Permit PEP 38156, Taranaki Basin, New Zealand for TAG Oil Limited   Cardiff Prospect Estimate: 230 bcf & 14 mmbbl
Undiscovered in-place and prospective reserves independently assessed by Sproule

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New Zealand Ministry of Economic Development: Energy Outlook   New Zealand Ministry of Economic Development: Energy Outlook
A New Zealand energy projection to 2025, based on likely assumptions about international energy factors.

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View Report: Undiscovered unconventional estimate 1.74 billion barrels in-place   Undiscovered conventional estimate 1.74 billion barrels in-place
Significant potential in TAG’s East Coast holdings independently confirmed by Sproule International Ltd.

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View Report: Resource Estimation and Economic Evaluation   Undiscovered tight oil resource estimate: 12.65 billion barrels in-place
AJM Petroleum Consultants completed an independent Resource Assessment on the Waipawa and Whangai tight oil source rocks based on just 10% of TAG's East Coast Basin acreage.

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View Report: Changing Face of Oil   Changing Face of Oil
Oil prices have historically fluctuated widely, depending on the dynamics of the supply and demand.

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