Article Summary:
TAG Oil Ltd. (TSXV: TAO, OTCQX: TAOIF) is positioning itself as a major growth story in Egypt’s Western Desert, targeting the highly prospective Abu Roash “F” formation. Under the leadership of seasoned energy executive Abby Badwi, the company’s first horizontal well has confirmed the reservoir’s strong potential, mirroring the characteristics of prolific plays like the Eagle Ford shale. TAG Oil continues to make solid progress across its broader corporate initiatives to secure a strategic partner at the BED-1 concession and expand the Company’s acreage holdings in Egypt with a new acquisition. To learn more about TAG Oil, read their latest feature on Benzinga.
Read the full article here: Unlocking Potential: Public Company Advances Plans In Egypt - Benzinga
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