VANCOUVER, April 3, 2019 /CNW/ – TAG Oil Ltd. (TSX: TAO and OTCQX: TAOIF) is pleased to report that its current gross daily rate of production is over 1,700 boe/d (80% oil) following the recent successful workover campaign, and to provide the following corporate update on its operations in Australia and New Zealand.
Transaction with Tamarind
TAG is currently waiting for final approval from New Zealand Petroleum and Minerals (“NZP&M”) for the sale and transfer of operatorship to Tamarind Resources Pte. Ltd (“Tamarind”) of its New Zealand operations. TAG and Tamarind remain committed to closing the transaction within … Continue Reading