TAG Oil Ltd. is a financially strong organization with plans for accelerated growth through acquisition in the Middle East and North African region.
With a proven track record of intelligent planning and creating value, TAG has established itself to be exceptional at finding — and capitalizing on — its opportunities.
Best of all, our greatest growth lies ahead.More
October 14, 2020
TAG Oil Ltd. (“TAG Oil” or the “Company”, TSXV: TAO and OTCQX: TAOIF) announced today that it has entered into a definitive purchase and sale agreement dated October 14, 2020, with Australian-based Luco Energy Pty. Ltd. (“Luco”), a company owned by Ilwella Pty. Ltd. and AJ Lucas Services, to divest its Australian assets and operations as part of a strategic realignment of the Company’s oil and gas exploration and development activities. This is an arm’s length transaction that involves the sale by TAG Oil of the shares of its Australian…
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