TAG Oil Ltd.
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.- CEO
- Abdel Fattah Zaki Badwi
- Full Time Employees
- 12
- Sector
- Energy
- Industry
- Oil & Gas Exploration & Production
- Address
- 1050 West Pender Street Vancouver BC Canada V6E 3S7
- IPO Date
- Jan 21, 2010
- Website
- tagoil.com
- Similar Companies
- Business
- TAG Oil Ltd. (TSXV:TAO, OTCQB:TAOIF) engages in the exploration, development, and production of oil and gas, with a primary focus on unconventional reservoirs in the Middle East and North Africa, including interests in the Badr Oil Field (BED-1) concession and the Southeast Ras Qattara (SERQ) concession in Egypt's Western Desert; it holds production services agreements for the development of the Abu Roash "F" (ARF) formation using horizontal drilling and hydraulic fracturing technologies, while pursuing divestiture of legacy New Zealand royalty interests to fund growth. The Vancouver-based company, founded in 1990 and formerly known as Durum Consolidated Energy Corp. until its name change in June 2002, operates as a debt-free entity with approximately 12 employees and targets low-cost, high-netback production in proven discovery fairways. Recent developments include the October 2025 approval of a petroleum services agreement with the Egyptian National Petroleum for Exploration and Development Company (ENPEDCO) for Phase 1 evaluation of the ARF reservoir in the 2,000 km² SERQ concession, featuring re-entry of existing wells for diagnostic fracture injection testing and new drilling; ongoing efforts to secure strategic industry partners for BED-1 drilling acceleration via agreements with Energy Advisors London; an engagement with PillarFour Capital to sell New Zealand royalties; advancement toward acquiring a significant interest in a 2,000 km² Western Desert concession following a no-objection letter in March 2025; a December 2024 equity financing to support appraisal activities; and the appointment of Doug Urch as Vice President and Chief Financial Officer effective January 2026, succeeding Barry MacNeil.
TAG Oil Provides Financial Results and Operating Updates for Q1-2026
TAG Oil Provides Update on Drilling Operations at BED-1 and SERQ Concessions
TAG Oil Provides Operations Update and Results for 2025 Financial Year End
CEO.CA's Inside the Boardroom: TAG Oil Has a Pioneering Role in Egypt's National Energy Push
TAG Oil Provides Update on Operations and Planned Activities in the Western Desert, Egypt
TAG Oil Announces Grant of Stock Options
TAG Oil Announces Closing of $11.5 Million Offering, Including Full Exercise of the Over-Allotment Option, to Advance Unconventional Development Activities on Its Large Oil-In-Place Resource Play at BED-1 and SERQ Concessions, Egypt
TAG Oil Announces Upsize of Offering to $10 Million to Advance Unconventional Development Activities on Its Large Oil-In-Place Resource Play at BED-1 and SERQ Concessions, Egypt
TAG Oil Announces $5 Million Brokered LIFE Offering to Advance Unconventional Development Activities on its Large Oil-In-Place Resource Play at BED-1 and SERQ Concessions, Egypt
TAG Oil Reports Annual General Meeting Voting Results
TAG Oil Provides Financial Results for Q3-2025 and Corporate Update
TAG Oil Engages ICP Securities Inc. for Automated Market Making Services
CEO.CA's Inside the Boardroom: TAG Oil is Doubling Down on Egyptian Oil Expansion Strategy
TAG Oil Announces Volumetric Assessment of Abu Roash "F" Formation in Southeast Ras Qattara Concession
TAG Oil Extends the Evaluation Period for BED-1 and Provides Corporate Update
TAG Oil Awarded Petroleum Services Agreement for Development of Abu Roash "F" Reservoir in Southeast Ras Qattara Concession
TAG Oil Provides Financial Results and Operating Updates for Q2-2025
TAG Oil Provides Corporate Update
TAG Oil Sells its Australian Royalty Interests
TAG Oil Provides Financial Results for Q1-2025