TAG Oil Ltd (TAOIF)

[DANA1]

2 down ... 8 to go.

Really good news !!!

If TAG continues to have positive drill results, it seems like the only thing that is going to keep this stock from moving up is total world disaster (maybe that's just around the corner).

My biggest question with Cheal C1 & C2 is what is it going to take to get the gas to market ? Will they run a pipeline into their Cheal Facility or will they have to build another processing station ?

The oil is easy as they can bring it to the surface, store and truck as this is the standard for New Zealand.

I would think the Cheal A8 could be brought to market quickly but it would be good to know when we can expect to see these new wells producing, especially after how long it has taken for Sidewinder wells to come on stream (2 still to come this month).

By the time we get the September 30th financials (due end of November), all 4 Sidewinder wells should be in production and 1 maybe 2 more wells drilled. The management report should be very positive and exciting even if the cash flow won't begin to reflect until Q3 financials are release next February.

It really is time for this stock to see some sustained growth. We are still below Dec 31/10 levels, which is hard to believe considering all the positive developments of the past 10 months.