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TAG Oil begins 2013 with a 13-well Taranaki Basin drilling campaign


Published Jan 24, 2013
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Tag Oil makes oil discovery at Cheal step out well

TAG Oil Ltd. anticipated 2013 Taranaki Basin drilling program within the Cheal and Sidewinder fields, and within TAG's newly awarded acreage. This drilling campaign is expected to consist of a minimum 13 wells, and will continue to target the Mt. Messenger/Urenui Formation targets, as well as deeper high-impact targets in the Kapuni Formation.

TAG's CEO, Garth Johnson , stated "Building on our string of success in 2011 and 2012 and driving revenue as a result, we expect calendar 2013 to be another exciting and transformational year for TAG. With a record number of wells to drill in Taranaki as well as plans for the upcoming drilling in the East Coast Basin, I'm confident our plans will continue to become our reality."

Tags: TAG Oil Ltd.



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