JRI 29: Tag Oil Drilling Update. “What we have right now is a company maker.”

Junior Resource Investing

Time Stamps below.

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CEO Toby Pierce of Tag Oil (Tao.V) provides an operational update on Tag's Abu Roash - F exploration. With their first ever well - a vertical reentry - now just a few short weeks away from releasing its IP30 numbers, signs are increasingly pointing to the fact that Tag's exploration thesis has been resoundingly confirmed by what they've found subsurface. Toby discusses preliminary drill results, as well Tag's plans for continued acquisitive growth in the coming months and years.

Time Stamps:

1:00: Why no IP24

2:30: What did this well do to your knowledge and confidence

4:00: Any surprises from the results

5:30: Current production rates

7:00: Barrels sold thus far

8:00: Quality of Recovered oil

8:45: What’s next?

10:00: Ordering and Maintenance Prior to Spud

13:00: Is June spud still a go? Potential for delays

15:00: How Long to drill the first horizontal well

16:30: How many stages will they frac?

18:30: Benchmark IP30 number for first horizontal well

19:30: M&A – where is Tag’s focus?

22:00: Unconventional vs conventional targets

23:30: Are they becoming known in Egypt

25:15: How far along is the M&A process

27:00: Growth through acquisitions philosophy

29:15: How to finance growth

31:45: Omega’s recent discovery on former Tag land package

33:45: Recent options exercising

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