TAG Oil Ltd. is an exploration-driven oil and gas production company at the forefront of activity in Australasia. We are a financially strong organization with several high-impact exploration prospects in proven prolific oil and gas fairways in Australia, a country recognized for its stability and significant untapped oil and gas exploration potential.
TAG Oil has a rich history of success, and our greatest opportunities still lie ahead.More
March 16, 2020
TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) has conducted a detailed evaluation of the overall business environment and opportunities for the Company to create long-term value for its shareholders following the New Zealand asset sale. TAG’s Board and management have determined that a return of capital to its shareholders in the amount of C$0.30 per common share (~C$25.6 million in cash), in accordance with Canadian income tax law, is in the best interest of shareholders. The return of capital is scheduled to be paid on April 14, 2020 (payment date)…
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