TAG Oil Ltd (TAOIF)

[DANA1]

Sitting back, enjoying the ride. B6 has hit target depth so we should be getting some news soon. B7 to spud on Jan 10th and very likely B8 & B9 to follow.

New Rig is not arriving until February so previous announcement of drilling Sidewinder 5 & 6 will not likely happen until it arrives. The rig will then be shipped east to commence drilling in April at Boar Hill.

On another note, I received confirmation the other day from IR at NZEC that they have started drilling their Copper Moki 2 well and hope to have it complete by the end of January and of more importance Ranui2 on the EAST Coast which will be complete by the 1st or 2nd week of February. If either of these wells hit, especially, the East Coast, then expect things to continue to ramp up on TAG.

As previously noted, keep your eyes on NZEC as I believe it has just as good of potential as TAG and your entry point is $1.30 right now.

Happy Investing.