Tag Oil Ltd (TAOIF) 0.7250 $TAOIF
TAG Oil Reports FY2016 Results
PR Newswire - Wed Jun 29, 11:08AM CDT
TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) is pleased to report the results for the fiscal year ending March 31, 2016, in which the Company has successfully implemented and adjusted its growth strategy in light of low oil pricing. TAG has preserved capital, reduced costs, substantially strengthened its technical and operating capability, while also maintaining consistent revenue and stable production with a focus on low cost field optimizations.
TAO.TO: 0.94 (+0.06)
TAG Oil Announces FY2016 Independent Reserves Results
PR Newswire - Thu Jun 09, 8:00AM CDT
TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) confirms that Sproule International Limited ("Sproule"
, a qualified reserves evaluator in accordance with NI 51-101 and the COGE Handbook, has completed its independent reserves assessment on the Company's interests within the Cheal oil and gas producing permits, dated March 31, 2016. Sproule has assigned a pre-tax net present value of $45.9 million (FY2015: $114.7 million), using a 10% discount rate to net working interest proven + probable ("2P" reserves.
TAO.TO: 0.94 (+0.06)
TAG Oil Announces New Zealand Development and Exploration Acquisition
ACCESSWIRE - Mon Jun 06, 8:00AM CDT
VANCOUVER, BC / ACCESSWIRE / June 6, 2016 / TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) is pleased to announce it has acquired a 70% working interest and operatorship of the PEP 51153 ("Puka" onshore permit in the Taranaki Basin of New Zealand. TAG's joint venture partner in the Puka permit is MEO Australia Limited (30%).
TAG Oil Announces FY2017 Capital Budget and Guidance
ACCESSWIRE - Thu Apr 14, 8:01AM CDT
VANCOUVER, BC / ACCESSWIRE / April 14, 2016 / TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) announces that its capital budget for the Company's 2017 fiscal year (April 1, 2016 to March 31, 2017) will be approximately $7.6 million, which will be funded entirely by forecasted cash flow and working capital on hand. A further $4.6 million of incremental capital expenditures are contingent on oil prices improving significantly. While oil prices appear to be strengthening since hitting 12-year lows earlier this year, TAG's primary goal is to conservatively manage its balance sheet with plans to end its fiscal 2017 with at least $10 million in cash on hand.
TAG Oil Provides Corporate Update
ACCESSWIRE - Thu Apr 07, 8:01AM CDT
VANCOUVER, BC / ACCESSWIRE / April 7, 2016 / TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) announces that its Chief Financial Officer, Chris Ferguson, has submitted his resignation to pursue other opportunities, but will continue in his respective role during a transition period to support the appointment of Barry MacNeil who will be replacing Mr. Ferguson on an interim basis.
CRD.VN: 0.445 (-0.025), MCX.VN: 1.000 (unch)
TAG Oil Provides Preliminary Year End Results
ACCESSWIRE - Thu Apr 07, 8:00AM CDT
VANCOUVER, BC / ACCESSWIRE / April 7, 2016 / TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) is pleased to report preliminary results for its fiscal 2016 year ending March 31, 2016 as follows:
TAG Oil Provides Operations Update
ACCESSWIRE - Tue Mar 22, 10:21AM CDT
VANCOUVER, BC / ACCESSWIRE / March 22, 2016 / TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) announces that the operator of the offshore Kaheru permit (New Zealand Oil & Gas) has submitted an application to the regulator to surrender the permit on behalf of the PEP 52181 joint venture, upon which TAG holds a 40% interest (New Zealand Oil & Gas 35% and Beach Energy 25%). The economic conditions in the current global energy market could not support drilling the prospect before the commitment date of May 2016. The decision to proceed with submitting an application to surrender the permit transpired after the joint venture explored options to defer or amend work obligations, as was previously disclosed.
TAG Oil Announces Cancellation of Share Options
ACCESSWIRE - Fri Mar 11, 8:00AM CST
VANCOUVER, BC / ACCESSWIRE / March 11, 2016 / TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) announces that it has cancelled 1,155,000 share options, which were previously granted to insiders of the Company, by mutual agreement between the Company and each of the optionees. The share options were originally granted between July, 2011, and December, 2013, and were exercisable at prices ranging from $5.00 to $7.00 for a period of five years from the date of grant.
TAG Oil Announces Henrik Lundin as Chief Operating Officer and David Bennett as Technical Director
ACCESSWIRE - Thu Mar 03, 8:02AM CST
VANCOUVER, BC / ACCESSWIRE / March 3, 2016 / TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) is pleased to announce that Mr. Henrik Lundin accepted the appointment as Chief Operating Officer, commencing on or about June 27, 2016, and will be based in the Company's operations' office in New Plymouth, New Zealand.
TAG Announces Election of Board of Directors and Provides Operations Update
ACCESSWIRE - Fri Dec 18, 4:47PM CST
VANCOUVER, BC / ACCESSWIRE / December 18, 2015 / TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) is pleased to announce the results from its 2015 annual general meeting of shareholders (the "Meeting" held in Vancouver, B.C. on December 18, 2015. All of the six nominees listed in the Company's management information circular dated November 19, 2015 proposed by management for election to the board of directors at the Meeting were duly elected. The directors will remain in office until the next annual meeting of the Company's shareholders or until their successors are elected or appointed.
TAG Oil Reports Increased Cash Position in Q2 Results
PR Newswire - Mon Nov 16, 8:00AM CST
TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), is pleased to report the second quarter results for the fiscal year ending March 31, 2016. The Company managed to increase its cash position by $0.9 million to $21.4 million, compared to $20.5 million for the previous quarter ended June 30, 2015, and remains committed to reducing operating and administrative costs wherever possible.
TAO.TO: 0.94 (+0.06)
TAG Oil Reports a Reduction in Forward Guidance and Reduced Capital Spending
CNW Group - Wed Oct 14, 8:00AM CDT
TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), is cutting its forward guidance and planned capital expenditures for the remainder of fiscal 2016 in response to the low commodity price environment, and due to a slower than expected ramp up of our workover program in the Taranaki Basin of New Zealand. TAG will focus on preserving capital, continuing with a reduced workover program and reducing costs.
TAO.TO: 0.94 (+0.06)
TAG Oil Announces Executive Resignation
PR Newswire - Thu Oct 01, 8:00AM CDT
New Zealand oil and gas producer TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) announces that its Chief Operating Officer, Frank Jacobs, has resigned to pursue other opportunities. A search for a replacement will commence and TAG will update the market as appropriate in due course.
TAO.TO: 0.94 (+0.06)
TAG Oil Reports Increased Revenue in Q1 Results
PR Newswire - Mon Aug 17, 8:00AM CDT
TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), is pleased to report the first quarter results for the fiscal year ending March 31, 2016. The Company achieved revenue of $10.4 million during the quarter, a 7% increase compared to $9.7 million for the previous quarter ended March 31, 2015.
TAO.TO: 0.94 (+0.06)
BUYINS.NET: BX, TEL, AIA, TAO, BPI, GXG Are Seasonally Ripe To Go Up In the Next Five Weeks
M2 - Tue Jul 21, 6:49AM CDT
BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of BIOX Corp (NYSE:BX), TE Connectivity Ltd (NYSE:TEL), ISHARES S&P ASIA 50 INDEX FUND (NYSE:AIA), TAG Oil Ltd (NYSE:TAO), Bridgepoint Education Inc (NYSE:BPI), G4G Resources Ltd (NYSE:GXG) and each have a high seasonal probability to go Up in the next weeks. By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. SqueezeTrigger.com is able to analyze over 20 years of data in less than 1 second for any stock in the market and determine if the stock has a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias. The technology used to generate these predictions is available for a low monthly fee at:
BPI: 7.51 (+0.27), BX: 24.00 (+0.59), TEL: 57.53 (+1.11), TAO: 19.91 (+0.22), GXG: 9.07 (+0.15), AIA: 44.82 (+0.72)
TAG Oil Ends Year With Strong Production and Revenue
CNW Group - Mon Jun 29, 2:06PM CDT
TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), is pleased to report results for the fiscal year ending March 31, 2015. The Company achieved strong revenues of $53.7 million during the year, with average daily production remaining flat at 1,856 BOE/d (77% oil), over last year however, TAG's net oil production increased by 29% for the fiscal year to 1,425 bbl/d compared with 1,107 bbl/d in fiscal year 2014.
TAO.TO: 0.94 (+0.06)
TAG Oil Reports FY2016 Results
PR Newswire - Wed Jun 29, 11:08AM CDT
TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) is pleased to report the results for the fiscal year ending March 31, 2016, in which the Company has successfully implemented and adjusted its growth strategy in light of low oil pricing. TAG has preserved capital, reduced costs, substantially strengthened its technical and operating capability, while also maintaining consistent revenue and stable production with a focus on low cost field optimizations.
TAO.TO: 0.94 (+0.06)
TAG Oil Announces FY2016 Independent Reserves Results
PR Newswire - Thu Jun 09, 8:00AM CDT
TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) confirms that Sproule International Limited ("Sproule"
, a qualified reserves evaluator in accordance with NI 51-101 and the COGE Handbook, has completed its independent reserves assessment on the Company's interests within the Cheal oil and gas producing permits, dated March 31, 2016. Sproule has assigned a pre-tax net present value of $45.9 million (FY2015: $114.7 million), using a 10% discount rate to net working interest proven + probable ("2P" reserves. TAO.TO: 0.94 (+0.06)
TAG Oil Announces New Zealand Development and Exploration Acquisition
ACCESSWIRE - Mon Jun 06, 8:00AM CDT
VANCOUVER, BC / ACCESSWIRE / June 6, 2016 / TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) is pleased to announce it has acquired a 70% working interest and operatorship of the PEP 51153 ("Puka"
onshore permit in the Taranaki Basin of New Zealand. TAG's joint venture partner in the Puka permit is MEO Australia Limited (30%). TAG Oil Announces FY2017 Capital Budget and Guidance
ACCESSWIRE - Thu Apr 14, 8:01AM CDT
VANCOUVER, BC / ACCESSWIRE / April 14, 2016 / TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) announces that its capital budget for the Company's 2017 fiscal year (April 1, 2016 to March 31, 2017) will be approximately $7.6 million, which will be funded entirely by forecasted cash flow and working capital on hand. A further $4.6 million of incremental capital expenditures are contingent on oil prices improving significantly. While oil prices appear to be strengthening since hitting 12-year lows earlier this year, TAG's primary goal is to conservatively manage its balance sheet with plans to end its fiscal 2017 with at least $10 million in cash on hand.
TAG Oil Provides Corporate Update
ACCESSWIRE - Thu Apr 07, 8:01AM CDT
VANCOUVER, BC / ACCESSWIRE / April 7, 2016 / TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) announces that its Chief Financial Officer, Chris Ferguson, has submitted his resignation to pursue other opportunities, but will continue in his respective role during a transition period to support the appointment of Barry MacNeil who will be replacing Mr. Ferguson on an interim basis.
CRD.VN: 0.445 (-0.025), MCX.VN: 1.000 (unch)
TAG Oil Provides Preliminary Year End Results
ACCESSWIRE - Thu Apr 07, 8:00AM CDT
VANCOUVER, BC / ACCESSWIRE / April 7, 2016 / TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) is pleased to report preliminary results for its fiscal 2016 year ending March 31, 2016 as follows:
TAG Oil Provides Operations Update
ACCESSWIRE - Tue Mar 22, 10:21AM CDT
VANCOUVER, BC / ACCESSWIRE / March 22, 2016 / TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) announces that the operator of the offshore Kaheru permit (New Zealand Oil & Gas) has submitted an application to the regulator to surrender the permit on behalf of the PEP 52181 joint venture, upon which TAG holds a 40% interest (New Zealand Oil & Gas 35% and Beach Energy 25%). The economic conditions in the current global energy market could not support drilling the prospect before the commitment date of May 2016. The decision to proceed with submitting an application to surrender the permit transpired after the joint venture explored options to defer or amend work obligations, as was previously disclosed.
TAG Oil Announces Cancellation of Share Options
ACCESSWIRE - Fri Mar 11, 8:00AM CST
VANCOUVER, BC / ACCESSWIRE / March 11, 2016 / TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) announces that it has cancelled 1,155,000 share options, which were previously granted to insiders of the Company, by mutual agreement between the Company and each of the optionees. The share options were originally granted between July, 2011, and December, 2013, and were exercisable at prices ranging from $5.00 to $7.00 for a period of five years from the date of grant.
TAG Oil Announces Henrik Lundin as Chief Operating Officer and David Bennett as Technical Director
ACCESSWIRE - Thu Mar 03, 8:02AM CST
VANCOUVER, BC / ACCESSWIRE / March 3, 2016 / TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) is pleased to announce that Mr. Henrik Lundin accepted the appointment as Chief Operating Officer, commencing on or about June 27, 2016, and will be based in the Company's operations' office in New Plymouth, New Zealand.
TAG Announces Election of Board of Directors and Provides Operations Update
ACCESSWIRE - Fri Dec 18, 4:47PM CST
VANCOUVER, BC / ACCESSWIRE / December 18, 2015 / TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) is pleased to announce the results from its 2015 annual general meeting of shareholders (the "Meeting"
held in Vancouver, B.C. on December 18, 2015. All of the six nominees listed in the Company's management information circular dated November 19, 2015 proposed by management for election to the board of directors at the Meeting were duly elected. The directors will remain in office until the next annual meeting of the Company's shareholders or until their successors are elected or appointed. TAG Oil Reports Increased Cash Position in Q2 Results
PR Newswire - Mon Nov 16, 8:00AM CST
TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), is pleased to report the second quarter results for the fiscal year ending March 31, 2016. The Company managed to increase its cash position by $0.9 million to $21.4 million, compared to $20.5 million for the previous quarter ended June 30, 2015, and remains committed to reducing operating and administrative costs wherever possible.
TAO.TO: 0.94 (+0.06)
TAG Oil Reports a Reduction in Forward Guidance and Reduced Capital Spending
CNW Group - Wed Oct 14, 8:00AM CDT
TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), is cutting its forward guidance and planned capital expenditures for the remainder of fiscal 2016 in response to the low commodity price environment, and due to a slower than expected ramp up of our workover program in the Taranaki Basin of New Zealand. TAG will focus on preserving capital, continuing with a reduced workover program and reducing costs.
TAO.TO: 0.94 (+0.06)
TAG Oil Announces Executive Resignation
PR Newswire - Thu Oct 01, 8:00AM CDT
New Zealand oil and gas producer TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) announces that its Chief Operating Officer, Frank Jacobs, has resigned to pursue other opportunities. A search for a replacement will commence and TAG will update the market as appropriate in due course.
TAO.TO: 0.94 (+0.06)
TAG Oil Reports Increased Revenue in Q1 Results
PR Newswire - Mon Aug 17, 8:00AM CDT
TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), is pleased to report the first quarter results for the fiscal year ending March 31, 2016. The Company achieved revenue of $10.4 million during the quarter, a 7% increase compared to $9.7 million for the previous quarter ended March 31, 2015.
TAO.TO: 0.94 (+0.06)
BUYINS.NET: BX, TEL, AIA, TAO, BPI, GXG Are Seasonally Ripe To Go Up In the Next Five Weeks
M2 - Tue Jul 21, 6:49AM CDT
BUYINS.NET / www.squeezetrigger.com is monitoring the Seasonality of BIOX Corp (NYSE:BX), TE Connectivity Ltd (NYSE:TEL), ISHARES S&P ASIA 50 INDEX FUND (NYSE:AIA), TAG Oil Ltd (NYSE:TAO), Bridgepoint Education Inc (NYSE:BPI), G4G Resources Ltd (NYSE:GXG) and each have a high seasonal probability to go Up in the next weeks. By identifying stocks that are poised to go up or down based on seasonal tendencies, traders can increase their odds of making money. SqueezeTrigger.com is able to analyze over 20 years of data in less than 1 second for any stock in the market and determine if the stock has a long or short seasonal bias, how many trading days the move is expected to last, the probability of that move and the percentage move the stock is expected to make based on the seasonal bias. The technology used to generate these predictions is available for a low monthly fee at:
BPI: 7.51 (+0.27), BX: 24.00 (+0.59), TEL: 57.53 (+1.11), TAO: 19.91 (+0.22), GXG: 9.07 (+0.15), AIA: 44.82 (+0.72)
TAG Oil Ends Year With Strong Production and Revenue
CNW Group - Mon Jun 29, 2:06PM CDT
TAG Oil Ltd. (TSX: TAO) and (OTCQX: TAOIF), is pleased to report results for the fiscal year ending March 31, 2015. The Company achieved strong revenues of $53.7 million during the year, with average daily production remaining flat at 1,856 BOE/d (77% oil), over last year however, TAG's net oil production increased by 29% for the fiscal year to 1,425 bbl/d compared with 1,107 bbl/d in fiscal year 2014.
TAO.TO: 0.94 (+0.06)
