TAG Oil News

2015 News

TAG Oil Reports Increased Cash Position in Q2 Results

Vancouver, B.C. – November 16, 2015 – TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), is pleased to report the second quarter results for the fiscal year ending March 31, 2016. The Company managed to increase its cash position by $0.9 million to $21.4 million, compared to $20.5 million for the previous quarter ended June…

Read More >

TAG Oil Reports a Reduction in Forward Guidance and Reduced Capital Spending

Vancouver, B.C. – October 14, 2015 – TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), is cutting its forward guidance and planned capital expenditures for the remainder of fiscal 2016 in response to the low commodity price environment, and due to a slower than expected ramp up of our workover program in the Taranaki Basin…

Read More >

TAG Oil Annouces Executive Resignation

Vancouver, Canada – October 1, 2015 – New Zealand oil and gas producer TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) announces that its Chief Operating Officer, Frank Jacobs, has resigned to pursue other opportunities. A search for a replacement will commence and TAG will update the market as appropriate in due course.   Toby…

Read More >

TAG Oil Reports Increased Revenue in Q1 Results

Vancouver, B.C. – August 17, 2015 – TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), is pleased to report the first quarter results for the fiscal year ending March 31, 2016. The Company achieved revenue of $10.4 million during the quarter, a 7% increase compared to $9.7 million for the previous quarter ended March 31,…

Read More >

TAG Oil Ends Year With Strong Production and Revenue

Vancouver, B.C. – June 29, 2015 – TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), is pleased to report results for the fiscal year ending March 31, 2015. The Company achieved strong revenues of $53.7 million during the year, with average daily production remaining flat at 1,856 BOE/d (77% oil), over last year however, TAG’s net oil production increased by 29% for the fiscal year to 1,425 bbl/d compared with 1,107 bbl/d in fiscal year 2014.

Read More >

Henrik Lundin Appointed to TAG Oil Board of Directors

TAG Oil Ltd. is pleased to announce that Mr. Henrik Lundin will join the Board of Directors of the Company, effective immediately. Mr. Lundin is an experienced oil and gas engineer who holds a B.Sc. Petroleum Engineering degree from the Colorado School of Mines in Colorado, USA.

Read More >

TAG Oil Appoints New CEO to Lead Next Phase of Corporate Growth

TAG Oil Ltd. is pleased to announce the appointment of Mr. Toby Pierce as Chief Executive Officer and a Director of TAG Oil, effective immediately. Mr. Pierce, MBA, B.Sc., is a natural-resource executive with more than 19 years of extensive transactional and valuation experience across multiple deals, from a million to $1.3 billion in value.

Read More >

New TAG Oil Pipeline Nears Completion: Paves Way for Natural Gas Sales & Field Development

New Plymouth, New Zealand – May 14, 2015 – Oil and gas operator TAG Oil Ltd., listed on the Toronto Stock Exchange (trading symbol TAO), and in the US on the OTCQX Market (trading symbol TAOIF), reports that pipeline construction connecting the Cheal-E development area to TAG’s main Cheal-A production infrastructure is nearly complete. The…

Read More >

Experienced International Oil & Gas Executive Welcomed Onboard as COO

Mr. Alex Guidi, Founder and Chairman of TAG Oil Ltd., is pleased to announce the appointment of oil and gas executive Frank Jacobs to the post of Chief Operating Officer. Mr. Jacobs has enjoyed a successful career as an international oil and gas executive and has worked extensively in Australia, SE Asia, North and South America, and New Zealand.

Read More >

TAG Oil Updates New Zealand Production and Operations

Mr. Alex Guidi provides an update on the Company’s Taranaki Basin oil and gas production, operations, and coming drilling activity.

Read More >