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Last Post: 4/7/2014 5:18:39 AM - Followers: 50 - Board type: Free - Posts Today: 0

Tag Oil - Creating New Zealand's Leading Oil and Gas Company

TAG Oil's short-term goals are to increase revenues from our existing discoveries through more streamlined production and reduced costs.

TAG Oil's leadership team has demonstrated success implementing the company's strategy, building significant shareholder value and positioning the Company for significant growth over the next two to three years.

Ongoing plan components such as production, development, technology, prospect generation, overlooked opportunities, high-impact exploration and other new ideas-as well as further acquisitions-are all part of the forward-looking strategy and long-term vision to become New Zealand's leading energy company.

Short-Term Strategies in Support of Long-Term Growth?

TAG Oil's short-term strategy is straightforward: to fully develop the Cheal oil discovery, increasing cash flow while allowing TAG to grow with minimal share dilution.

Simultaneously, but with a longer view, we continue to leverage technology to mine unconventional sources for data and prospects in pursuit of oil and gas plays in the fractured oil shales of the East Coast Basin.

As a result, TAG Oil plans to create an oil and gas reserve base that can both contribute to and benefit from the world's insatiable demand for energy.

COMPANY WEB PAGE

http://tagoil.com/
 

SHARE STRUCTURE

TAG Oil Shares Outstanding:                54,443,234

Fully Diluted Shares:                              57,658,520
 

Stock Options [7/05/16~C$1.25 - 7.15]    3,215,286 

Exploring for Oil and Gas in New Zealand

New Zealand is an economically developed country where TAG Oil can continue to explore, develop and produce, enjoying the benefits of an international oil and gas portfolio without the political and economic disadvantages associated with many other parts of the world. New Zealand's permitting regime and fiscal terms are ranked among the best in the world, oil produced is sold at premium world prices, and there is a thriving domestic natural gas market.


Multiple Basins with Multiple Opportunities

Most of the exploration attention in New Zealand has been focused around the Taranaki Basin. This Basin covers an area of about 100,000 sq km, but with only 125 wildcats drilled since 1955, this commercially proven basin is still in infancy. With proved oil reserves of 528 million barrels and proved gas reserves of 6.9 trillion cubic feet, TAG has found fertile hunting grounds in Taranaki.


Many basins exhibit dramatic oil and gas seeps, and exploration data reveals multiple structures with hydrocarbon potential. Encouraging discoveries have also been made in the offshore Canterbury and Great South Basins where ExxonMobil and Origin Energy are exploring. Start-up Kea Petroleum is in the preliminary stages of exploring in the Northland Basin, a remote area once explored by ConocoPhillips.

A Ready Market with Built-In Demand: New Zealand's Natural Gas Supply

Dwindles For 40 years, Taranaki's giant offshore Maui Field has dominated the gas market in New Zealand by meeting nearly 90% of demand at costs far below world prices. However Maui is in rapid decline. The Pohokura gas field came on-stream in 2006, replacing some of the declining production, but there is no doubt that new gas field discoveries are needed soon. With strong public resistance to coal-fired power plants, hydroelectric dams and nuclear-power stations, no viable alternative to natural gas currently exists in New Zealand. This presents a unique opportunity for exploration companies like TAG Oil to create value when gas demand is at its maximum and energy alternatives are at a minimum.





For 40 years, Taranaki's giant offshore Maui Field has dominated the gas market in New Zealand by meeting nearly 90% of demand at costs far below world prices. However Maui is in rapid decline. The Pohokura gas field came on-stream in 2006, replacing some of the declining production, but there is no doubt that new gas field discoveries are needed soon. With strong public resistance to coal-fired power plants, hydroelectric dams and nuclear-power stations, no viable alternative to natural gas currently exists in New Zealand. This presents a unique opportunity for exploration companies like TAG Oil to create value when gas demand is at its maximum and energy alternatives are at a minimum.

For the more information on New Zealand oil and gas exploration, as well as the latest news, maps and publications, please access New Zealand's Crown Minerals website.

TAG OPERATIONS

Cheal Production

TAG Oil controls a 100% interest in Petroleum Mining Permit 38156-S which contains the Cheal oil discovery. The relatively shallow discovery has cumulative production of more than 500,000 barrels of oil to date, with remaining proven and probable reserves of approximately 530,000 barrels of oil equivalent.

Oil produced from Cheal is a high-quality, waxy low-sulfur oil that sells on the Tapis market at a premium to West Texas Intermediate due to its low sulfur content, and is sold primarily to Japan, Korea and Australia.

State-of-the-Art Treatment Facility

Completed in June of 2006, the Cheal facility is capable of handling up to 2000 bbls/d of oil. Brought online at a cost of US$36,000,000, the facility includes a gas-fired electricity generator that converts solution gas to electricity for use on-site, with all excess sold into the national grid.

In addition to planned increases in production from the existing six Cheal wells and overall recovery factor, TAG Oil has already reduced operating costs to under US$19 per barrel, some of the lowest operating costs in Australasia down nearly 70% from more than $50 per barrel under its previous operator.
 
TAG Oil's Commitment to Exploration and Technology

Multiple Conventional and Unconventional Oil and Gas Targets

TAG Oil's exploration portfolio provides potential for significant discoveries, combining lower risk, conventional hydrocarbon prospects with producing fields and the encouraging oil-shale source rocks across the East Coast frontier. While focusing on mature, high impact 3-D defined prospects in the Taranaki discovery fairway-look-a-like to TAG Oil's Cheal field and others in the immediate area-exploration in the East Coast Basin is initially targeting fractured oil shale, with conventional prospects maintained as secondary targets. 

Proven Exploration Technologies 

TAG is a first-mover in New Zealand, at the forefront of deploying modern drilling and hydraulic fracturing techniques to our East Coast shale prospects. Technology driven unconventional exploration plays-particularly targeting oil and gas rich shale source rocks-have proven highly successful across North America and around the world. Experts predict that these new unconventional exploration technologies will continue to unlock massive new oil and gas reserves, several times greater than conventional reserves, from rich fractured shale source rocks.

CHARTS





 "What an investor sees when looking at a P&F chart is the underlying supply and demand of the security. The columns of X's illustrate demand exceeding supply (rally), and the columns of O's illustrate supply exceeding demand (decline)."  [Explanation from Stock Charts]

 TAG OIL Ltd. FILINGS & PUBLIC DOCUMENTS with SEDAR



http://www.sedar.com/DisplayProfile.do?lang=EN&issuerType=03&issuerNo=00007479





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TAOIF News: TAG Reports Strong Revenue Growth and Profitable Q3 Results with Extensive Conventional & Unconventional Exploration Program ... 02/14/2014 05:44:00 PM
TAOIF News: TAG Reports Strong Revenue Growth and Profitable Q3 Results with Extensive Conventional & Unconventional Exploration Program ... 02/14/2014 05:44:00 PM
TAOIF News: TAG Oil Ltd. Provides Taranaki Operations Update 01/09/2014 02:49:00 PM
TAOIF News: TAG Oil Ltd. Provides Taranaki Operations Update 01/09/2014 02:49:00 PM
TAOIF News: TAG Announces Election of Board of Directors 12/13/2013 04:47:00 PM
PostSubject
#1290  Sticky Note Earnings Call Transcript- futrcash 08/21/13 09:16:39 PM
#1323   This article really paints a nice picture for Steponit 04/07/14 05:18:39 AM
#1322   rumor is- futrcash 04/04/14 02:36:59 PM
#1321   Nice move! HDYMANIAC 04/04/14 02:04:32 PM
#1320   Tag is starting to move up again. Steponit 03/03/14 04:20:32 PM
#1319   Thanks for the encouraging news. I've been manciata 02/19/14 03:25:58 PM
#1318   More good news out. Looks like Tag's Steponit 02/18/14 04:49:49 PM
#1317   NEWS! Financials out. Looking great! Steponit 02/18/14 02:59:30 PM
#1316   Eventually people will realize that Tag Oil has Steponit 02/10/14 04:24:35 PM
#1315   Has to do with missed forward production guidance,but futrcash 01/31/14 01:40:00 AM
#1314   Why is this not over $10 a share?!? whirly 01/31/14 12:57:42 AM
#1313   New Corporate Presentation~ futrcash 01/30/14 10:21:39 PM
#1312   TAG Oil Ltd. Provides Taranaki Operations Update futrcash 01/09/14 11:11:01 PM
#1311   2013 Calendar Year End Summary by Garth Johnson- futrcash 01/03/14 02:36:44 AM
#1310   Hopefully defining in an upwards direction! whirly 01/01/14 01:44:24 AM
#1309   2014---Should be a defining year for TagOil- futrcash 12/31/13 11:27:36 PM
#1308   Wish I had my original position here, but sumisu 11/14/13 08:51:26 PM
#1307   Futr. Yes it was and kapuni ariadndndough 11/14/13 10:33:49 AM
#1306   Conference Call later today!Today's PR was Great! futrcash 11/14/13 10:01:55 AM
#1305   TAG Oil Update on Cardiff-3 Deep Well Drilling sumisu 11/05/13 04:20:50 PM
#1304   Rules regarding disclosure vary on different exchanges- futrcash 10/29/13 12:19:28 PM
#1303   "NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES VFrankenstein 10/29/13 10:05:44 AM
#1302   TAG Oil Announces a $25 Million Bought Deal Offering futrcash 10/28/13 05:19:19 PM
#1301   Because it had come out the day I futrcash 10/24/13 12:01:25 PM
#1300   Why did you post an earnings call from August? Steponit 10/24/13 11:27:29 AM
#1299   TAG Retains Unconventional Experts & Establishes East Coast futrcash 10/23/13 09:43:37 PM
#1298   ~One More Week before we know-- futrcash 10/17/13 02:25:51 PM
#1297   TAG Oil's Cardiff-3 Deep Well Drilling Update and futrcash 10/07/13 11:43:03 AM
#1296   TAG's JV Partner announces-Vancouver, British Columbia: October 2nd, futrcash 10/02/13 06:45:41 PM
#1295   more moriarty McBeanburger 10/02/13 04:45:24 AM
#1294   Way Bigger than Bakken sumisu 09/25/13 08:06:24 AM
#1293   Consent for TAG drilling at Waitangi ‘imminent’ McBeanburger 09/23/13 02:56:50 AM
#1292   Tag has updated their Blog! futrcash 09/19/13 08:19:02 PM
#1291   TAG Oil's Deep Drilling Targets Large Onshore Gas/ futrcash 09/17/13 12:14:26 PM
#1290   Earnings Call Transcript- futrcash 08/21/13 09:16:39 PM
#1289   Yes it does. HDYMANIAC 08/19/13 07:43:02 PM
#1288   I started buying TAOIF Thursday afternoon after seeing geopressure 08/17/13 03:15:54 PM
#1287   Come on! This stock deserves better! Q1 2014 TAG sfajner 08/14/13 05:02:29 PM
#1286   I do as well. SCREAMING EAGLE 07/25/13 01:26:17 PM
#1285   Still believe in this one.A series of significant futrcash 07/25/13 12:22:52 PM
#1284   Seeking Alpha Transcript of Garth Johnson Earnings Call-- futrcash 06/28/13 07:52:49 PM
#1283   good post. For the poster who asked value1008 06/10/13 09:22:26 AM
#1282   Tag completed a major infrastructure project in April sfajner 06/07/13 10:55:54 AM
#1281   Missed guidance. ariadndndough 06/06/13 07:01:24 PM
#1280   Doesn't anyone have a comment for/ on this 222 06/06/13 02:54:52 PM
#1279   Futrcash, Thanks for the intel. I have not redinvest 05/16/13 04:14:20 PM
#1278   oops, sorry for the now deleted double post. redinvest 05/16/13 04:14:20 PM
#1277   Red...This PR came out yesterday... futrcash 05/16/13 03:03:07 PM
#1276   HiFutrcash, Appears that TAO spudded the Ngapearuru-1 well on redinvest 05/16/13 02:55:53 PM
#1274   got Teasers going on by "buy my newsletter johnsyn 05/15/13 12:57:18 PM
#1273   TAG Oil's Ngapaeruru-1 Well Intersects Oil and Gas futrcash 05/15/13 11:38:14 AM
PostSubject