TAG Oil expects to grow its production and reserves in New Zealand and Australia through acquisition, development, exploitation and appraisal of existing oil and natural gas discoveries. In addition, TAG has significant “undiscovered resource potential” with a portfolio of defined high-impact exploration targets.
|Gross Reserves (as of March 31, 2017)|
|Taranaki Basin, Cheal, Sidewinder||Light and Medium Oil (bbl)||Conventional Natural Gas (MMcf)||Barrel of Oil Equivalent (boe)|
|Proved Plus Probable Reserves||3,823,000||1,924,000||4,143,000|