Replies to post #1044 on TAG Oil Ltd (TAOIF)

[ariadndndough]

dana i agree and i guess were down slightly as oil has went down the last few days. no way we dont head higher in 2012.

great report

[GET]

This corporate presentation make thinks globally more
comprehensive but there is several point still not clear for me :

Anybody may help with that?


estimated production:
=====================
Page 11 and 12 :

If at end of 2011 Exit includes: Cheal-A1, A3, A7, A8; Cheal-B3, BH-1, B4ST, and B5, Cheal-C1, SW-1, SW2, SW3, and SW4

It might be a cumulated production (gaz + oil in boe/d) of :
5065 (The 4 SW)
+ 1870 (B5)
+ 740 (A8)
+ 240 (C1)
+ 400 B4ST
= 8315 boe without BH1 and A1 A3 A7 +B3

I know boe/d might be misleading but that's the double
the announce 4000 boe by end 2011.K
Is it just conservative estimation or production limitation?


Plus in march B6? + B1?+B2? + C2 (2333 BOE/d)
= 10648 boe/d without BH1+A1 A3 A7 +B3+B5+B1+B2

Waterflood point :
==================

What well are really part of this program :
A1 A3 A7 +B3 due to end of 2011
+ B1 and B2 end of March ?