Tagged taranaki-basin

Press Release

TAG Reports Substantial Year-End Reserve Increase To Its Taranaki Basin Oil And Gas Fields

 After considering production during the 2011 fiscal year, the 1,677,000 BOE in proved and probable reserves represents a 221% increase over the March 31, 2010 year-end independent reserve assessment. Read More
Press Release

TAG Oil Reports Second Quarter 2011 Financial Results and Operational Highlights

 TAG Oil Ltd., (TSX-V: TAO) a Canadian-listed, New Zealand-focused oil production and exploration company, has filed its second quarter financial report for the period ended September 30, 2010. Read More
Press Release

TAG Oil Announces New Light Oil Discovery, Taranaki Basin, New Zealand

 The Sidewinder-1 well in New Zealand's Taranaki Basin was drilled to a total depth of 1,601m, and encountered oil-bearing sandstones that indicate excellent reservoir qualities, with average porosities of 22.5% and oil saturations of 60%. Read More
Press Release

TAG Oil Acquires Condensate-Rich Deep Gas Discovery, Taranaki Basin, New Zealand

 TAG Oil Ltd. (TSX-V: TAO), reports that the Company has acquired 100%-interest in Petroleum Mining Permit 38156-D, which contains the Cardiff gas/condensate discoveries located onshore in the Taranaki Basin, New Zealand. Read More
Press Release

TAG Oil Taranaki Basin Operations Update: Exploration Drilling, Development Drilling and Work-Over Programs Commence

 TAG Oil Ltd. is beginning exploratory and horizontal development drilling to build oil and gas revenue in Taranaki, where it has already established high netback oil production from its Cheal Production Facility. Read More