A Canadian-based, publicly-traded oil and gas production and exploration company, TAG Oil Ltd. provides investors with exposure to high-impact exploration opportunities. TAG’s operations are currently centered in Australia’s Surat Basin.
TAG Oil’s Petroleum Lease 17 includes two undeveloped light oil fields and a deeper Permian play, an exciting unconventional tight gas/condensate play opportunity. This prospect-rich, high-impact exploration acreage and core production acreage under development in proven prolific discovery trends, large oil/gas-in-place field development and a solid balance sheet, form the foundation from which our successes will continue to grow.
TAG Oil Shares Outstanding: 85,416,252
Fully Diluted: 89,319,252
Australia is regarded by the global oil and gas industry to be one of the most politically stable untapped oil and gas frontiers in the world, and TAG Oil is at the forefront of this rich resource opportunity. Premium oil prices, a natural gas market that’s experiencing steady growth, proven production, vast reserves, and extensive infrastructure all combine to make Australia a great place for TAG Oil to do business.